Key Facts
- MLS® #: 40726672
- Property ID: SIRC2442233
- Property Type: Residential, Single Family Detached
- Listed By:
- RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Property Description
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.
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Location
16 Mitchell Street, St. Catharines, Ontario, L2R 3W4 Canada
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