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.
Address
52 Peru Road
List Price
$1
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Style of Home
Other
Transaction Type
Sale
Area
Milton
Sub-Area
1034 - MN Milton North
Region
Halton
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
1084.52
Lot Size Range (Acres)
Additional Land
Lot Size Units
Feet
Lot Width
1520.25
Parcel Number
249740230
Occupant Type
Vacant
Cross Street
Peru Rd/Steeles Ave W
MLS® Number
W12890560
Listing Brokerage
RE/MAX OPTIMUM REALTY
Postal Code
L9T 2V7
Posession Details
TBA
Tax Amount
$18,147.22
Tax Year
2025
Cable
No
Central Vacuum
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Direction Faces
West
Tax Legal Description
PT LT 2, CON 1 ESQ
Waterfront
No
Waterfront
None
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