$1,690,000
Prime Development Opportunity in the Heart of Simcoe. This centrally located vacant development site presents a rare opportunity for builders, developers, and investors to secure a well-positioned property in a rapidly evolving and supply-constrained market. Situated on a generous 1.399-acre parcel in a highly sought-after downtown location, the site offers immediate proximity to schools, parks, shopping, transit, and all essential amenities. The property is fully cleared and ready for development, providing a strong foundation for a wide range of residential intensification opportunities. The current zoning supports residential development, with potential for higher-density use being explored in alignment with municipal planning objectives. A completed environmental site assessment has been undertaken for the property, and related documentation is available to qualified buyers upon request, providing additional confidence in the site’s readiness for development. The area continues to demonstrate strong market fundamentals, including limited rental supply, steady population growth, and increasing demand for purpose-built housing, creating an attractive environment for long-term investment and redevelopment. Taxes are TBD (to be assessed). All renderings are conceptual only and do not represent any approved development. (id:50976)
Property Details
|
MLS® Number
|
40832042 |
|
Property Type
|
Vacant Land |
|
Amenities Near By
|
Public Transit |
Building
|
Basement Type
|
None |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
41 Ft |
|
Size Total Text
|
1/2 - 1.99 Acres |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/29796409/9-james-street-simcoe
