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Renanza Realty
For sale

9 JAMES Street

Simcoe, Ontario

MLS® 40851529

$1,499,000

Status
Active
Property type
Vacant land
MLS® number
40851529
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Rare 1. 399-Acre Residential Development Opportunity in the Heart of Simcoe. Ideally located within walking distance of downtown, schools, parks, shopping, restaurants, healthcare, and everyday amenities, this exceptional infill property offers a rare opportunity to acquire one of Simcoe's largest residential development sites.

Currently zoned R2 Residential, permitting single detached, semi-detached, duplex dwellings, and other permitted uses under Norfolk County Zoning By-Law. Municipal water and sewer services are available at the lot line. Extensive due diligence has already been completed, including Phase I, Phase II, & Phase III Environmental Site Assessments, a Record of Site Condition, and a survey.

A comprehensive development package, including environmental reports, planning information, and conceptual development plans, is available upon request. The sellers have previously consulted with Norfolk County Planning regarding the property's future development potential, including the possibility of higher-density residential zoning, such as R5, subject to all required municipal review and approvals. Development opportunities of this size, location, and level of preparation are increasingly rare.

Immediate possession available. Taxes to be assessed. All renderings and conceptual plans are for illustrative purposes only and do not represent approved development.

Property summary

MLS® number
40851529
Property type
Vacant Land
Title
Freehold
Annual property taxes
$1.00
Days on market
74 days

Features & details

Basement
None

What would this home cost you?

Based on the $1,499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,975 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage State Realty Inc., Hamilton.

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.