For Sale: MITCHELL Lands, West Perth, ON - REW
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$1
0 bd • ba • sf • Land/Lot
MITCHELL Lands
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Mitchell LandsWest Perth, ON, N0K 1N0

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Nick Pecarski, Salesperson, CBRE LIMITED

Home facts and features

Price details
List Price
$1
Gross Taxes for 2026
$1
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
364 ft x 0 ft (10.59 acres)
Depth
Frontage
364.0 feet
Title
Freehold
Agent details
Primary Agent
Nick Pecarski
Primary Broker
CBRE LIMITED
Secondary Agent
Ivan Pecarski
Secondary Broker
RE/MAX TWIN CITY REALTY INC.
Listing details
Days on REW
89 Days
MLS® Number
40823686
Source
Canadian Real Estate Association
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Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Mitchell Public School
  • Public
  • 7 - 12
Upper Thames Elementary School
  • Public
  • JK - 8
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Call Agent
Salesperson
Nick Pecarski
Phone:
(519) 496-2211
Cell:
519-496-2211
Office:
519-744-4900
Ivan Pecarski
Office:
519-885-0200
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