9 James Street Norfolk, Ontario N3Y 1E1
$2,300,000
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. (id:61852)
Property Details
| MLS® Number | X12398581 |
| Property Type | Vacant Land |
| Community Name | Simcoe |
| AmenitiesNearBy | Public Transit, Recreation |
| Features | Irregular Lot Size |
Building
| SizeInterior | 1 Ac |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| LandAmenities | Public Transit, Recreation |
| SizeFrontage | 40 Ft ,9 In |
| SizeIrregular | 1.399 |
| SizeTotal | 1.399 Ac |
| SizeTotalText | 1.399 Ac |
| ZoningDescription | Residential /commercial |
https://www.realtor.ca/real-estate/28851989/9-james-street-norfolk-simcoe-simcoe
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Natasha Euteneier
Salesperson
1238 Queen St East Unit B
Toronto, Ontario M4L 1C3
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September 12 2025 10:53:53
Toronto Real Estate Board
Keller Williams Advantage Realty