A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for BLOCK 25 N/A, Mitchell Ontario N0K 1N0
340 days on Market

BLOCK 25 N/A, Mitchell, Ontario N0K 1N0

Detached
-
-
- sqft
$•••,•••
$4,200,000
Get pre-qualifiedPowered by nesto
Detached
-
-
- sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market340 days

Estimated valueNot available

Price/Sqft-

Monthly cost

Open Calculator

Description

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.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40747850
Community NameWest Perth
Data SourceITSO
Listing byCBRE LIMITED

Features

Sewer (Municipal)

Property History

Jul 4, 2025
ListedActive
$4,200,000
340 days on market
history photo preview2
Listing by itso®
Property listed by CBRE LIMITED, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - West Perth

Geo Zone Map ThumbnailWest Perth

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2025

35 days

2024

37 days

2023

37 days

New Listings

Past 30 days

19 listings

Compared to

2025

23 listings

2024

18 listings

2023

15 listings

Units sold

Past 30 days

7 units

Compared to

2025

10 units

2024

11 units

2023

10 units

Median Sold Price

Past 30 days

$610,000

Compared to

2025

$607,000

2024

$699,900

2023

$505,000


Population and Demographics

Overview

Total population 8978
Average household income $119,636

Age (%)

0 to 19
26%
20 to 34
18%
35 to 49
17%
50 to 64
21%
65 and plus
19%

Household composition (%)

Single family
73%
Single person
24%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
96%
Dutch
1%
Others
1%
German
1%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget