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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: X12200594
  • Property Type: Vacant Land

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Details

  • Transaction: For sale

Building

  • Fireplace Present: False

Land

  • Acreage: true
  • Size Frontage: 50 ft
  • Size Irregular: 50 x 610 FT ; 58.79 x 610.15 x 386.75 ft x 320.14
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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. Catherines Ontario. It was last modified on June 20th, 2025. Contact Tom Linkletter to schedule a viewing or to discover other St. Catherines real estate for sale.

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