52 Peru Road
On the market for 31 days — longer than average. The seller may be open to negotiation.
About this home
A rare offering of an exceptional development opportunity in a highly strategic location. This offering includes three parcels totaling approximately 39.68 acres (3.2138 acres PIN # 249740228, 4.137 acres PIN # 249740229, and 32.33 acres PIN # 249740230), with approximately 22 acres developable. The property is ideally positioned just 1.4 km from the new Highway 401 and Tremaine Road interchange, featuring approximately 600 metres of frontage along Tremaine Road, providing outstanding accessibility and visibility. Currently zoned as Future Development and NHS, all studies required for the development application 95% completed. The Vendor has spent over 5 million dollars completing the EIA and SIS studies over the last 5 years. Nil cost sharing obligation and as per the agreements with authorities, consequent to the free dedication of land for the Tremaine Road, no parkland dedication is required. Municipal sewer and water mains are conveniently located adjacent to the property, supporting future servicing and development potential. Set in a truly picturesque setting directly opposite Kelso Park, the property also features Sixteen Mile Creek flowing through a portion of the land, offering a rare combination of natural beauty and immediate development potential.
Features
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Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Milton
Based on active listings in Milton. Data updates daily.
Demographics — Milton
Our estimate for this home
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Getting around
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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