25 N/A, Mitchell, Ontario N0K1N0
Listing courtesy of CBRE LIMITED.
- $4,200,000
- List Price
- $4,200,000
- Status
- ACTIVE
- Days on Market
- 387
- Price Change
- ▼ $400,000 1772226995
- MLS® #
- CornerstoneAssociationofREALTORS-40747850
- Lot Size
- 263,102
- Acres
- 6.04
- Subdivision
- 65 - Town of Mitchell
- Neighborhood
- 65 - Town of Mitchell
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:5764)
Additional Information
- Taxes
- $4,300
- Community Features
- 65 - Town of Mitchell
