16 Mitchell Street, St. Catharines, ON Image 1

$6,490,000

Vacant Land For Sale
MLS - #X12200594
Jun 5- By RE/MAX REAL ESTATE CENTRE INC.

16 Mitchell Street, St. Catharines, ON L2R 3W4

0 Bed
0 Bath

Property Description

Property type

Vacant Land

Lot size

2-4.99

Style

Approx. Area

N/A Sqft

About 16 Mitchell Street

This strategically located 4.05-acre parcel presents an exceptional opportunity for builders, developers, and investors seeking high-density residential development in St. Catharines thriving market. The site offers flexible development potential including 90+ traditional townhomes or 136 stacked townhomes, or up to 300 apartment units - with servicing capacity already confirmed for maximum density. The land's current per-door cost sits significantly below market value, creating immediate equity potential. Situated just 5 minutes from QEW access, the property provides quick connectivity to Toronto and the world-renowned Niagara Falls, while benefiting from St. Catharines; 12% population growth since 2020 and sub-2% rental vacancy rates. With pre-consultation already underway with city planners and multiple exit strategies available - from build-to-sell to land banking (8-12% annual appreciation) - this offering represents a rare chance to secure high-density land at a basis well below cost in one of Niagara's most dynamic urban nodes.

Home Overview

Last updated

Jun 5

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Vacant Land

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A
20
Similar Homes Found
$645,165
Average Price
905.9%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 16 Mitchell Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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