BLOCK 11 OAKRUN Avenue

Milverton · MLS® 40697990

4 sq ft lot · Land · Vacant Land · 606 days on market

listed by Doug Gilmore, Peak Realty Ltd.

realtor's description

This Industrial and Commercial Subdivision offers a variety of uses for Agricultural and Agricultural related businesses. Located on the South edge of Milverton, a variety of lots are ready to go. This lot is 4.417 acres with 391.40 feet frontage on Oakrun Avenue. Invest in Perth East. Milverton has lots to offer those interested in starting or growing your business, and raising your family. A skilled workforce, Lands designated for Industrial/Commercial development, very reasonable tax rates, lower development charges, close proximity to major centres and transportation routes. Other features include Natural Gas, 3 phase 600 volt Hydro, High Speed Internet, Municipal Water and Sewer, Hydrant Fire Protection.

property details

type: Land, Vacant Land
lot: 4 sq ft
parking: 0
property tax: $2,508 / yr
days on market: 606
MLS®: 40697990

features

Visual exposure

monthly cost

$6,962/mo

Mortgage $6,753 · Tax $209

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,753/ monthly

loan $1,240,000

25-year amortization

down payment20% · $310,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $785,960
cash to close: $310,000; down payment; transfer tax and fees not included
total paid: $2,025,960

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.