78 Kenton St - Residential LAND FOR SALE


Mitchell, ON N0K 1N0 724,403 SF
$4,200,000 CAD
519-496-2211

NO PHOTO

$4,200,000 CAD
Residential LAND - FOR SALE
724,403 SF

78 Kenton St
Mitchell, ON N0K 1N0


OVERVIEW

Nestled within the charming community of Mitchell, Ontario, lives 9 parcels of approximately acres of vacant residential land, currently zoned R3.The Sellers are currently working to secure R3 zoning, opening the doors to high-density development. The R4 zoning will allow apartment /condo buildings up to four floors, townhouses, stacked townhouses, nursing homes, retirement homes among other uses. Recognizing the evolving needs of the area, the Sellers are willing to consider property severance, allowing for 18 unit stacked townhouse blocks to be sold separately, with up twelve blocks available, to accommodate various development aspirations. As the pre-consultation is scheduled for April, now is the opportune moment to explore this promising investment prospect.

FOR SALE DETAILS

PRICE

$4,200,000 CAD

PRICE/ACRE

$252,556/AC

PRICE/SF

$6 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Block 25

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

16.63 AC

LAND SF

724,403 SF

OFFSITE IMPROVEMENTS

-

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nick PecarskiCBRE, LimitedMore Info
519-496-2211

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Nick PecarskiCBRE, LimitedMore Info
519-496-2211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.