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Minto sells last remaining property in Palmerston Industrial Park

The buyer wants to build an industrial mall on the 3.6 acre parcel
Town of Minto sign near Harriston. Keegan Kozolanka/GuelphToday file photo

Space in Palmerston's 55-acre industrial park is sold out. 

At Tuesday's meeting, Minto council approved the sale of what the town's chief building official called the park's "last remaining" available parcel. 

The buyer is Golden Canadian Homes, an Orangeville-based real estate developer that plans to build an industrial mall on the 3.6 acre property. 

The building is proposed to be between 23,000 to 60,000 sq. ft. in size and host multiple tenants. 

Construction is planned to start in March of 2022 and finish by the end of the year.

The sale price for the land is $126,000. Depending on how successful the development is, the Town of Minto could make between $91,310 to $238,200 in development charges, a town report says. 


Alison Sandstrom

About the Author: Alison Sandstrom

Alison Sandstrom covers civic issues in Wellington County under the Local Journalism Initiative, which is funded by the Government of Canada
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