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

MITCHELL Lands, Mitchell, Ontario N0K 1N0

Detached
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$1
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Property Estimate

Days on market16 days

Estimated valueNot available

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Description

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.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size171,878 Ac(472.18 x 364.01)
Parking Spaces-
MLS ®Number40823686
Community NameWest Perth
Data SourceITSO
Listing byCBRE LIMITED

Features

Lot size: 171,878 Ac
Sewer (Municipal)

Property History

Apr 24, 2026
ListedActive
$1
16 days on market
history photo preview1
Listing by itso®
Property listed by CBRE LIMITED, Brokerage
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Market Data - West Perth

Geo Zone Map ThumbnailWest Perth

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

56 days

Compared to

2025

45 days

2024

23 days

2023

11 days

New Listings

Past 30 days

10 listings

Compared to

2025

11 listings

2024

26 listings

2023

22 listings

Units sold

Past 30 days

7 units

Compared to

2025

7 units

2024

19 units

2023

4 units

Median Sold Price

Past 30 days

$515,000

Compared to

2025

$649,900

2024

$480,000

2023

$482,500


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