Plan 363 Pt Lot 88 Cobalt Street

Milverton, Perth East · MLS® X12580252

8 sq ft · 8 sq ft lot · Land · Vacant Land · 332 days on market

listed by IVAN GASCHO, REAL BROKER ONTARIO LTD.

realtor's description

Attention builders and developers! This is a rare opportunity to acquire 8.07 acres of prime land located within the Milverton Boundary, zoned Future Development-making it ideal for long-term investment or planning your next residential or mixed-use project (subject to municipal approvals). This vacant parcel offers a blank canvas in one of Perth County's most desirable and growing full-service communities. Milverton provides all the essentials buyers are looking for-schools, shops, recreation, and that sought-after small-town lifestyle, making it an attractive location for future homeowners. With nearby services and the potential to connect, this property is well positioned for future servicing and expansion. Opportunities like this are limited; secure your stake in Milverton's next phase of growth and bring your development vision to life.

property details

type: Land, Vacant Land
living area: 8 sq ft
lot: 8 sq ft
parking: 0
property tax: $318 / yr
days on market: 332
MLS®: X12580252

features

Irregular lot size

monthly cost

$4,362/mo

Mortgage $4,335 · Tax $26

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

estimated payment

$4,335/ monthly

loan $796,000

25-year amortization

down payment20% · $199,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $504,536
cash to close: $199,000; down payment; transfer tax and fees not included
total paid: $1,300,536

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