Size
-
Lot size
10 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$1 (2026)
Parking Type
-
Style
Land - (Resident
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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.
Broker: CBRE LIMITED
MLS®#: 40823686
Property details
Parking:
-
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
Land - (Resident
MLS Size:
-
Lot front:
364 Ft
Lot depth:
472 Ft
Listed on:
Apr 24, 2026
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Instant estimate:
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