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Mitchell, Ontario
Vacant Land
Opportunity to acquire 6.04 acres of vacant residential land in Mitchell, Ontario (Municipality of West Perth) with R4 zoning approved as of April 20, 2026. This mid-density designation permits a broad range of residential uses including apartment and condominium buildings (up to 4 storeys), townhomes, stacked townhomes, single and semi-detached dwellings, nursing homes, and retirement residences. Preliminary conceptual plans, reviewed by the municipality, propose up to 216 stacked townhome units on the site. Sellers are open to vendor take-back (VTB) financing for qualified purchasers. An exceptional site for builders, developers, and investors looking to capitalize on residential demand in a growing southwestern Ontario community.
Price History
Property
- Lot Size
- 6.04 acres
Schools
Elementary
- Mitchell District Elementary2 km
Public · Avon Maitland DSB · 150 students
- Upper Thames Elementary School2.1 km
Public · Avon Maitland DSB · 595 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 61% met the provincial standard
Secondary
- Mitchell District High School2 km
Public · Avon Maitland DSB · 350 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N0K
- Population
- 24,817
- Private dwellings
- 9,419
- Median age
- 38.4
- Average household size
- 2.7
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Mitchell · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of vacant land properties in Mitchell over the last 12 months.
Location
Mortgage Calculator
$840,000
Estimated Monthly Payment
$20,633
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $20,633/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,050/mo
Estimates only. Consult a financial advisor.
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