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16 MITCHELL Street St. Catherines

16 MITCHELL Street, St. Catherines, Ontario

$6,490,000

This strategically located 4.05-acre parcel presents an exceptional opportunity for builders, developers, and investors seeking high-density residential development in St. Catharines thriving market. The site offers flexible development potential including 90+ traditional townhomes or 136 stacked townhomes, or up to 300 apartment units - with servicing capacity already confirmed for maximum density. The land's current per-door cost sits significantly below market value, creating immediate equity potential. Situated just 5 minutes from QEW access, the property provides quick connectivity to Toronto and the world-renowned Niagara Falls, while benefiting from St. Catharines; 12% population growth since 2020 and sub-2% rental vacancy rates. With pre-consultation already underway with city planners and multiple exit strategies available - from build-to-sell to land banking (8-12% annual appreciation) - this offering represents a rare chance to secure high-density land at a basis well below cost in one of Niagara's most dynamic urban nodes. (id:23309)

  • Listing ID: 40726672
  • Property Type: Vacant Land

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Details

  • Amenities Nearby: Public Transit
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: R2

Building

  • BasementType: None
  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Acreage: true
  • Amenities: Public Transit
MLS®

Listing provided by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 16 MITCHELL Street in St. Catharines Ontario. It was last modified on May 28th, 2025. Contact Lifestyle Real Estate to schedule a viewing or to discover other St. Catharines real estate for sale.

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