$1,690,000
Est. payment $7,483/moCalculate yours
9 James Street, Norfolk, ON N3Y 1E1
Simcoe, Norfolk, ON N3Y 1E1
Listing courtesy of Royal LePage State Realty MLS® X13169084
About this home
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 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.
Property details
Overview
- Property Type
- Vacant Land
- Style
- Other
- For
- For Sale
- Status
- New
Interior
- Basement
- None, Other
Building & Systems
- Heating
- Other (Other)
- Cooling
- Other
- Exterior
- Other
- Foundation
- Other
- Roof
- Other
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40.79 x 86 Feet
- Parking
- Other garage
- Zoning
- R2
Location
- Neighbourhood
- Simcoe
- Cross Street
- Norfolk St & John St
- Direction Faces
- South
Listing
- MLS® Number
- X13169084
- Days on Market
- 146
- Listed On
- 2026-05-25
- Possession
- Immediate
- Listed By
- Royal LePage State Realty
Features
Interior
- Other
Property
- Arts Centre
- Library
- Park
- Place Of Worship
- Public Transit
- School
Pool
- None
- Included
- N/A
- Excluded
- N/A
- Rental items
- N/A
Mortgage calculator
Estimated mortgage payment
$7,483 per month
- Principal and interest
- $7,483
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $7,483
Your mortgage
- Mortgage amount
- $1,352,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $892,886
Cash to close
- Down payment
- $338,000
- Land transfer tax
- $30,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $368,275
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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