A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for MITCHELL Lands, Perth Ontario N0K 1N0
3 days on Market

MITCHELL Lands, Perth, Ontario N0K 1N0

Detached
-
-
- sqft
$1
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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

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Description

Nestled within the charming community of Mitchell, Ontario, lives 9 parcels of approximately acres of vacant residential land, currently zoned R3. The Sellers are currently working to secure R3 zoning, opening the doors to high-density development. The R4 zoning will allow apartment / condo buildings up to four floors, townhouses, stacked townhouses, nursing homes, retirement homes among other uses. Recognizing the evolving needs of the area, the Sellers are willing to consider property severance, allowing for 18 unit stacked townhouse blocks to be sold separately, with up twelve blocks available, to accommodate various development aspirations. As the pre-consultation is scheduled for April, now is the opportune moment to explore this promising investment prospect.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40776104
Community NameWest Perth
Data SourceITSO
Listing byCBRE LIMITED

Features

Sewer (Municipal)

Property History

Oct 3, 2025
ListedActive
$1
3 days on market
history photo preview3
Listing by itso®
Property listed by CBRE LIMITED, Brokerage
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Market Data - West Perth

Geo Zone Map ThumbnailWest Perth

Balanced Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

70 days

2023

40 days

2022

24 days

New Listings

Past 30 days

24 listings

Compared to

2024

25 listings

2023

10 listings

2022

14 listings

Units sold

Past 30 days

8 units

Compared to

2024

7 units

2023

3 units

2022

5 units

Median Sold Price

Past 30 days

$685,000

Compared to

2024

$685,000

2023

$685,000

2022

$605,000


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