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    Home Mitchell Town of Mitchell BLOCK 25 N/A 40747850
    Residential for sale at BLOCK 25 N/A, Mitchell, ON, N0K 1N0 - Town of Mitchell - MLS: 40747850
    Residential for sale at BLOCK 25 N/A, Mitchell, ON, N0K 1N0 - Town of Mitchell - MLS: 40747850
    • new
    • for sale

    BLOCK 25 N/A

    Mitchell, ON, N0K 1N0 - Town of Mitchell

    $4,200,000

    • Neighbourhood

      Town of Mitchell

    • Major Intersection

    • Listed Since: 271 day(s)

    • Last update: today

    Overview

    • Property Type

      Residential, Land

    • Bedrooms

      n/a

    • Bathrooms

      n/a

    • Basement

      n/a

    • Kitchen

      n/a

    • Total Parking

      n/a

    • Lot Size

      Available Upon Request

    • Taxes

      $4,300.00 (2024)

    • Type

      Freehold

    Property Description

    Property description for BLOCK 25 N/A, Mitchell

    Located in Mitchell, Ontario, this exceptional 6.04 acre parcel of vacant residential land presents a prime development opportunity. Currently zoned R3, the property allows for single detached and semi-detached homes. However, the sellers are actively pursuing R4 zoning approval, which would enable mid-density development. Preliminary conceptual plans, reviewed by the municipality, propose up to 216 stacked townhome units on the site. The prospective R4 zoning will further expand development possibilities to include apartment and condominium buildings (up to four stories), townhomes, stacked townhomes, nursing homes and retirement residences, among other permitted uses. To accommodate diverse development strategies, the sellers are open to holding financing contingent on the strength and background of the purchaser.

    Listed by CBRE LIMITED

    Property details
    Map

    • MLS #

      40747850

    • Sq. Ft

      Available Upon Request

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • MLS #

      40747850

    • Sq. Ft

      Available Upon Request

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    Thinking of Selling?

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    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Property History

    Property history for BLOCK 25 N/A, Mitchell

    This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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    Mortgage Calculator

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    Closing Cost Calculator

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    Total Cash flow for purchasing this property

    Down Payment(%)*
    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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