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:13843)
| MLS # | 40747850 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 474 |
| Listing Provided By | CBRE Limited | Nick Pecarski |
| Zoning | R4 |
|---|---|
| Acreage | 6.04 |
| Fireplace Yes / No | No |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4300 |
|---|
| Province | ON |
|---|---|
| City | Mitchell |
| Postal Code | N0K1N0 |
| Community Name | 65 Town of Mitchell |
| Province | ON |
|---|---|
| City | Mitchell |
| Postal Code | N0K1N0 |
| Community Name | 65 Town of Mitchell |