MITCHELL LANDS
Mitchell, Ontario
MLS® 40823686
Price on request
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 40823686
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Exceptional development opportunity in the charming community of Mitchell, Ontario. This offering comprises 9 parcels totaling approximately 8 acres of vacant residential land, with significant entitlements already in place. R4 zoning has been approved for approximately 6 acres of the site, with an initial site plan for 216 stacked townhouse units - providing a clear path for high-density development.
Permitted uses under R4 include apartment and condo buildings up to four storeys, townhomes, stacked townhomes, nursing homes, retirement homes, and more. The remaining approximately 2 acres of vacant land provides further upside, with potential for an additional 9 semi-detached lots (18 units). Also included are 7 fully serviced, ready-to-construct lots (14 units) - ideal for a builder looking to break ground immediately.
Sellers are open to holding a mortgage for a qualified purchaser, offering a flexible financing opportunity that furth reduces barriers to entry on this exceptional land assembly. With zoning approved, serviced lots in hand, and a site plan already initiated, this is a rare, de-risked residential development opportunity in a growing Southwest Ontario community.
Property summary
- MLS® number
- 40823686
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 10.587 acres
- Annual property taxes
- $1.00
- Days on market
- 165 days
Features & details
- Basement
- None
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CBRE LIMITED, KITCHENER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.