16 MITCHELL Street St. Catharines

16 MITCHELL Street, St. Catharines

$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:41353)
  • 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

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    This property for sale is located at 16 MITCHELL Street in St. Catharines. It was last modified on May 26th, 2025. Contact Maggie Horne to schedule a viewing or to discover other St. Catharines real estate for sale.

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