ON
Mitchell
N0K1N0
LANDS
LANDS, Mitchell, ON N0K1N0
Share Listing
Listing Type
Lots/Land
Listing Status
Active
1
$1

Home Details for LANDS

Price
$1
Type
Land
Lot size acres
10.587
Listing #
40823686
Property Description

Exceptional development opportunity in the charming community of Mitchell, Ontario. This offering comprises 9 parcels totaling approximately 8 acres of vacant residential land, with significant entitlements already in place. R4 zoning has been approved for approximately 6 acres of the site, with an initial site plan for 216 stacked townhouse units - providing a clear path for high-density development. Permitted uses under R4 include apartment and condo buildings up to four storeys, townhomes, stacked townhomes, nursing homes, retirement homes, and more. The remaining approximately 2 acres of vacant land provides further upside, with potential for an additional 9 semi-detached lots (18 units). Also included are 7 fully serviced, ready-to-construct lots (14 units) - ideal for a builder looking to break ground immediately. Sellers are open to holding a mortgage for a qualified purchaser, offering a flexible financing opportunity that furth reduces barriers to entry on this exceptional land assembly. With zoning approved, serviced lots in hand, and a site plan already initiated, this is a rare, de-risked residential development opportunity in a growing Southwest Ontario community. (id:31684)

Property Features
    Listing Courtesy: CBRE LIMITED
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    EXIT REALTY COMMUNITY, BROKERAGE
    1323 Michigan Ave, Sarnia, ON N7S 4M6
    Ken Patterson
    License #: 4764511
    Associate Broker
    Office
    519 542 1000
    Agent
    226 270 1234
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