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Home ON St. Catharines - Niagara St. Catharines Queenston
16 MITCHELL Street
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16 MITCHELL Street $6,490,000
$6,490,000
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16 MITCHELL Street
St. Catharines, Ontario L2R3W4

MLS® Number: 40726672

Listing Description

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. (69093192)

Location Description

Eastchester Ave to Mitchell St

Property Summary

Property Type
Vacant Land
Subdivision Name
450 - E. Chester
Title
Freehold
Land Size
2 - 4.99 acres
Annual Property Taxes
$0
Time on REALTOR.ca
20 days

Building

Interior Features
Basement Type
None
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Land

Other Property Information
Access
Highway access
Zoning Description
R2
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-222-7480
519-623-3541
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