Address: BLOCK 25 N/A, Mitchell FOR SALE Subdivision: 65 - Town of Mitchell Postal Code: N0K1N0 Style: Bedrooms: 0 Bathrooms: 0 Lot Size: x Property Size: 6.04
About Block 25 N/A
Located in Mitchell, Ontario, this exceptional 6.04 acre parcel of vacant residential land presents a prime development opportunity. Currently zoned R3, the property allows for single detached and semi-detached homes. However, the sellers are actively pursuing R4 zoning approval, anticipated for Q2-Q3 of 2025, which would enable mid-density development. Preliminary conceptual plans, reviewed by the municipality, propose up to 216 stacked townhome units on the site. The prospective R4 zoning will further expand development possibilities to include apartment and condominium buildings (up to four stories), townhomes, stacked townhomes, nursing homes and retirement residences, among other permitted uses. To accommodate diverse development strategies, the sellers are open to holding financing contingent on the strength and background of the purchaser. (id:56071). Get more information on Block 25 N/A
Property Features
Rental Equipment: Directions: Near Napier Street and Clayton Street, Mitchell, ON. Zoning Description: R3 Access: Road access Lot: 6.04 ac|5 - 9.99 acres 6.04 Water: Municipal water, Municipal sewage system Heating / Cooling: / Age: Basement: None
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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