$4,200,000
25 N/A
Mitchell, Ontario N0K1N0
For sale· Added
About this property
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.
Location
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Property details
Listing
- MLS® number
- 40747850
- Added
- Jul 4, 2025 ()
- Updated
- Aug 26, 2026 ()
- Info refreshed
Overview
- Property type
- Vacant Land
Inside
- Fireplace
- No
Building
- Basement
- None
Land
- Lot area
- 6.04 acres
- Zoning
- R4
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Town of Mitchell
- Cross streets
- Near Napier Street and Clayton Street, Mitchell, ON
Running costs
- Annual property tax
- $4,300