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:47421)
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Detailed Information
Listing Contract Date
2025-07-04
Location Description
Near Napier Street and Clayton Street, Mitchell, ON.
Ownership Type
Other, See Remarks
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R4
Building
Basement Type
None
Utility Water
Municipal water
Land
Total Size
6.04 acres
Access Type
Road access
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
6.04
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