$6,490,000
Available - For Sale
Listing ID: X12200594
16 Mitchell Stre , St. Catharines, L2R 3W4, Niagara
| 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. |
| Price | $6,490,000 |
| Taxes: | $16011.00 |
| Assessment Year: | 2024 |
| Occupancy: | Vacant |
| Address: | 16 Mitchell Stre , St. Catharines, L2R 3W4, Niagara |
| Acreage: | 2-4.99 |
| Directions/Cross Streets: | Eastchester Ave |
| Bedrooms: | 0 |
| Bedrooms +: | 0 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Vacant Land |
| Drive Parking Spaces: | 0 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Other |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
| Utilities-Sewers: | N |
| Utilities-Gas: | A |
| Utilities-Municipal Water: | A |
| Utilities-Telephone: | A |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
|
|
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Vacant Land |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 450 - E. Chester |
| Tax: | $16,011 |
| Fireplace: | N |
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