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:60488)
| MLS® Number | 40747850 |
| Property Type | Vacant Land |
| Basement Type | None |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 6.04 |
| Size Total | 6.04 Ac|5 - 9.99 Acres |
| Size Total Text | 6.04 Ac|5 - 9.99 Acres |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/28557728/block-25-na-mitchell
Cbre Limited
72 Victoria Street S., Suite 200
Kitchener,
Ontario
N2G 4Y9
RE/MAX Twin City Realty Inc.
83 Erb St.w.
Waterloo,
Ontario
N2L 6C2
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