16 MITCHELL STREET, St. Catharines (E. Chester), Ontario, L2R3W4
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-768-8865
- 705-745-4321
- 705-745-4324
- jcsullivan3@yahoo.ca
- Property Address: 16 MITCHELL STREET, St. Catharines (E. Chester), Ontario, L2R3W4
- Community Name: 450 - E. Chester
- Property Type: Vacant Land
- Lot Size: 50 x 610 FT ; 58.79 x 610.15 x 386.75 ft x 320.14
- Acreage: 50 x 610 FT ; 58.79 x 610.15 x 386.75 ft x 320.14|2 - 4.99 acres
- Driveway: No Garage
- Maintenance Fee: 0.00
Listing Office: RE/MAX REAL ESTATE CENTRE INC.
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