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.
Details
| MLS # | 40851529 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 23 |
| Listing Provided By | Royal LePage State Realty Inc. | Jacob Atkinson |
Features
| Zoning | R2 |
|---|
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Urban, Public Transit |
|---|
Utilities
| Utilities | At Lot Line-Gas, At Lot Line-Hydro |
|---|---|
| Sewer | Sewer (Municipal) |
Taxes
| Tax Annual Amount | 1 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Simcoe |
| Postal Code | N3Y 1E1 |
| Area | Town of Simcoe |
| Subarea | Town of Simcoe |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $1,499,000 low | high Med: $530,950 On site: 23 low | high Med: 56 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Simcoe |
| Postal Code | N3Y 1E1 |
| Area | Town of Simcoe |
| Subarea | Town of Simcoe |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $1,499,000 low | high Med: $530,950 On site: 23 low | high Med: 56 | |
 | $145,0007 James StreetSimcoe, ON N3Y 1E1 |