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$ 4,200,000
Est. payment /mo
Price Dropped by $400K
BLOCK 25 N/A Mitchell, ON N0K1N0
6.04 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other, See Remarks
Listing Status Active
Purchase Type For Sale
Subdivision 65 - Town Of Mitchell
MLS® Listing ID 40747850
Lot Size 6.040 Acres
Acres 6.04
Property Sub-Type Other, See Remarks
Property Description
Opportunity to acquire 6.04 acres of vacant residential land in Mitchell, Ontario (Municipality of West Perth) with R4 zoning approved as of April 20, 2026. This mid-density designation permits a broad range of residential uses including apartment and condominium buildings (up to 4 storeys), townhomes, stacked townhomes, single and semi-detached dwellings, nursing homes, and retirement residences. Preliminary conceptual plans, reviewed by the municipality, propose up to 216 stacked townhome units on the site. Sellers are open to vendor take-back (VTB) financing for qualified purchasers. An exceptional site for builders, developers, and investors looking to capitalize on residential demand in a growing southwestern Ontario community. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Other, See Remarks
Listed by CBRE LIMITED
