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:57919)
| MLS® Number | X12200594 |
| Property Type | Vacant Land |
| Community Name | 450 - E. Chester |
| No Garage |
| Acreage | Yes |
| Size Depth | 610 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 610 Ft ; 58.79 X 610.15 X 386.75 Ft X 320.14 |
| Size Total Text | 50 X 610 Ft ; 58.79 X 610.15 X 386.75 Ft X 320.14|2 - 4.99 Acres |
| Cable | Available |
| Electricity | Available |
https://www.realtor.ca/real-estate/28425782/16-mitchell-street-st-catharines-e-chester-450-e-chester
Contact us for more information
Molly Airi
Salesperson
(519) 623-6200
(519) 623-8605