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Maria Tompson
Sales Representative
Re/Max Realty One Inc., Brokerage
Independently owned and operated.
sales@bestforagents.com

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$2,300,000
Available - For Sale
Listing ID: X12398581
Prime development opportunity located in the heart of Simcoe, Norfolk County. 9 James Street is a cleared, shovel-ready 1.399 -acre parcel with designs for a 5-storey, 40-unit mid-rise apartment building.This site has been in the works for a proposed development. A Site Plan Agreement (SPA) is not yet approved, environmental studies including Phase I, II and, III are complete, and a Record of Site Condition (RSC) has been filed and acknowledged by the Ministry. Zoned R2 with site-specific approval, the property allows for high-density residential use. The current design includes 74 surface parking spaces and unit mix options that support rental strategies. The Norfolk County market continues to see strong rental demand with vacancy rates under 2.5 percent, making this a compelling opportunity for purpose-built rental or CMHC co-financed housing. This is one of the few mid-rise development sites available in Norfolk County. Perfect for Developers, investors, and affordable housing proponents.
Price $2,300,000
Taxes: $6,153.45
Tax Type: Annual
Occupancy by: Vacant
Address: 9 James Stre , Norfolk, N3Y 1E1, Norfolk
Postal Code: N3Y 1E1
Province/State: Norfolk
Legal Description: Plan 150 Lot 7 Lot 8 Pl 182 Pt Rwy Lot 2
Directions/Cross Streets: James St / Norfolk St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Total Area: 1.4
Total Area Code:  Acres
Area Influences: Public Transit   Recreation/Comm
Maintenance: 0
Sewers: Sanitary+Storm
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KELLER WILLIAMS ADVANTAGE REALTY

9 James Stre , Norfolk, N3Y 1E1, Norfolk

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Maria Tompson
Sales Representative
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905-361-0512

 
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Type: Com - Land
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
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Tax: $6,153.45
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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