LANDS
Mitchell, Ontario
Vacant Land
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.
Price History
Property
- Lot Size
- 10.59 acres
Schools
Elementary
- Mitchell District Elementary2.2 km
Public · Avon Maitland DSB · 150 students
- Upper Thames Elementary School2.4 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 School2.2 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.
Walk Score
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Scores by Walk Score®
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Mortgage Calculator
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Estimated Monthly Payment
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Investment Analysis
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Mortgage: $0/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $0/mo
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