150 GROVE Street
Simcoe, Ontario
MLS® 40873959
$395,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 40873959
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 9Listing description
A well-positioned residential development opportunity offering 0. 32 acres in an established neighbourhood in Simcoe, Norfolk County. The property features approved planning permissions for up to 7 dwelling units, making it an excellent opportunity for builders, developers, and investors.
With many possibilities for building design and development, this property offers lots of potential. Development charges are waived until 2029 due to the demolition of the original 7-plex in 2019, offering a significant added benefit for future development. The seller will also consider a Vendor Take-Back (VTB) mortgage, providing additional flexibility for qualified buyers.
Ideally located close to shopping, schools, parks, public transit, and other everyday amenities, this property offers a great opportunity to develop in a convenient and established residential area. Only 10 minutes away from the popular lakeside community of Port Dover and the beaches of Lake Erie.
Property summary
- MLS® number
- 40873959
- Property type
- Vacant Land
- Title
- Freehold
- Annual property taxes
- $944.26
- Days on market
- 1 day
Features & details
- Basement
- None
What would this home cost you?
Based on the $395,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Trius Realty, Simcoe.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.