BLOCK 25 N/A

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.

Listing Details

MLS #

40747850

Board

ITSO

Market

ontario

Property Type

Residential

Style

Land

Annual Taxes

$4,300/yr

Listed By (Primary)

CBRE LIMITED

Co-Listed By

REMAX TWIN CITY REALTY INC.

Presented By

REMAX Hallmark®

Listed On

July 4, 2025

Days on Market

469