$449,900
Est. payment $1,992/moCalculate yours
78 Patterson Street, Norfolk, ON N3Y 1J3
Simcoe, Norfolk, ON N3Y 1J3
Listing courtesy of RIGHT AT HOME REALTY MLS® X12851166
About this home
Vacant residential lot for sale in Simcoe, approximately 0.299 acres. This prime development opportunity comes with municipal and Long Point Region Conservation Authority approvals already in place for a nine-unit, three-storey residential apartment building (2 bedrooms per unit). Architectural and structural plans are available, and completed, transferable approvals include Site Plan, Functional Servicing Report, Traffic Impact Brief, Survey, LPRCA approval, and Stormwater Management Design Brief-saving valuable time and development costs while providing a streamlined path to construction. Excellent location close to shopping, schools, parks, public transit, and other amenities. A rare, permit-ready investment opportunity in a growing community-ideal for builders or investors seeking a mid-sized, spring-ready project with significant groundwork already completed.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- < .50 acres
- Zoning
- R4(H), HL
Location
- Neighbourhood
- Simcoe
- Cross Street
- Norfolk St. S. to Patterson St.
- Direction Faces
- South
Listing
- MLS® Number
- X12851166
- Days on Market
- 233
- Listed On
- 2026-02-27
- Possession
- Flexible
- Listed By
- RIGHT AT HOME REALTY
Features
- Included
- N/A
- Excluded
- N/A
- Rental items
- N/A
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $1,992
Your mortgage
- Mortgage amount
- $359,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,698
Cash to close
- Down payment
- $89,980
- Land transfer tax
- $5,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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