16 MITCHELL Street, St. Catharines, Ontario, Canada, L2R3W4
16 MITCHELL Street, St. Catharines, Ontario, Canada, L2R3W4Basics
- Date added: Added 2 days ago
- Category: Vacant Land
- Lot size: 0 sq ft
- SubdivisionName: 450 – E. Chester
- ListOfficeName: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
- MLS ID: 40726672
Description
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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. (id:62692)
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Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: No
- Total Fireplaces: 0