27 Arena Drive, Perth East, ON N0K 1M0
$2,900,000
$2,900,000

27 Arena Drive

Milverton, Perth East, Perth $2,900,000

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Studio
0 Baths
< 700 sqft
South Facing
Zoning: DEV
MLS®#:
X12151024
Property Type:
Vacant Land
Property Style:
Area:
Perth
Community:
Milverton
Taxes:
$0 / 2025
Added:
May 15 2025
Lot Frontage:
585.0785827
Lot Depth:
872.05
Status:
Active
Outside:
Year Built:
Basement:
Brokerage:
Royal LePage Hiller Realty
Lot :

872

585

BIG LOT

Intersection:
Llana Heights
Rooms:
Bedrooms:
Studio
Bathrooms:
0
Fireplace:
Utilities
Water:
Other
Cooling:
Heating Type:
Heating Fuel:

Listing Details

Zoned Future Development (FD), this 15-acre parcel offers an exceptional opportunity within Milverton's settlement boundary. The open landscape allows for versatile planning and is well-suited to a range of future development concepts. Ideally situated near thriving residential subdivisions, schools, parks, and local businesses, the property is located in an area experiencing active growth and transformation. This parcel is well-positioned for integration into future residential development. With a municipal road stub connecting to Tower Heights Drive and adjacency to a separately listed 49-acre parcel, this property allows a rare opportunity to envision a larger, coordinated development for investors and developers. Future development is subject to municipal approvals.

Insights

  1. Future Development Potential: This 15-acre parcel is zoned for Future Development (FD), providing a unique opportunity for investors to engage in various development concepts within a growing community.
  2. Strategic Location: Located within Milverton's settlement boundary and near thriving residential subdivisions, schools, parks, and local businesses, this property is well-positioned for future growth and integration into residential development.
  3. Connectivity and Expansion Opportunities: The property features a municipal road stub connecting to Tower Heights Drive and is adjacent to a separately listed 49-acre parcel, allowing for the potential of a larger, coordinated development project.

Property Features

Place Of Worship
Library
School

Sale/Lease History of 27 Arena Drive

View all past sales, leases, and listings of the property at 27 Arena Drive.

Neighbourhood

Schools, amenities, travel times, and market trends near 27 Arena Drive
Schools

5 public & 2 Catholic schools serve this home. Of these, 1 has a catchment. There are 2 private schools nearby.

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Milverton home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Milverton
100%

Insights for 27 Arena Drive

View the highest and lowest priced active homes, recent sales on the same street and postal code as 27 Arena Drive, and upcoming open houses this weekend.

Active Comparisons

Vacant Land | 24 days ago
0   0   < 700 sqft   8 Photos
1 km away
Same Beds $400,000 Lower-priced Same baths Bigger lot
Detached | Bungalow 76 days ago
2   2   1500-2000 sqft   10 Photos
2 km away
2 More beds $2,000,000 Lower-priced 2 more baths Smaller lot
Detached | Bungalow 17 days ago
2   2   1500-2000 sqft   33 Photos
$872,500
 
Bsmt: Development Potential,Separate Entrance. 3D Tour
1 km away
2 More beds $2,027,500 Lower-priced 2 more baths Smaller lot
Detached | Bungalow 27 days ago
2   2   1100-1500 sqft   47 Photos
1 km away
2 More beds $2,170,100 Lower-priced 2 more baths Smaller lot
Detached | Bungalow 4 days ago
2   2   700-1100 sqft   36 Photos
1 km away
2 More beds $2,351,000 Lower-priced 2 more baths Smaller lot
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)