16 Mitchell St
E. Chester, St. Catharines
$6,490,000
Buy with Dwelly and Save $64,900
Home Details
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Listing 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.
City: St. Catharines
Neighborhood: E. Chester
Property History
Rooms
Room dimensions for 16 Mitchell St, St. Catharines
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 16 Mitchell St is 33329
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $6490000 |
| Down Payment | $1298000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $5192000 |
Monthly Payment
| Mortgage Payment | $31994 |
| Property Taxes | $1334 |
| Maintenance Fees | $0 |
| Monthly Payment | $33329 |
About 16 Mitchell St, St. Catharines
Located at 16 Mitchell St , this St. Catharines house is available for sale. This property was listed for $6,490,000 on Thu Jun 05 2025. This house's size is 50 x 610 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 16 Mitchell St, St. Catharines is situated in the E. Chester neighbourhood.
MLS#: X12200594 · $6,490,000 · null bedroom house in E. Chester, St. Catharines