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For saleMLS® X13169084

9 James Street, Norfolk, ON N3Y 1E1

Simcoe · N3Y 1E1

$1,690,000

5 months on market

Lot
40.79 × 86 ft

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About this property

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.

Features

  • Other

Property details

Property

Property type
vacant land
Lot size
40.79 × 86 ft
Zoning
R2
Possession
Immediate

Interior

Basement
None, Other
Heating
Other · Other
Cooling
Other
Exposure
South

Exterior & services

Construction
Other
Garage
Other
Sewer
Sewer

Costs

List price
$1,690,000
Rental items
N/A

Listing

MLS® number
X13169084
Status
For sale
Listed
May 25, 2026
Days on market
164
Last updated
May 27, 2026
Listing brokerage
Royal LePage State Realty

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 77% of comparable vacant land listings in Norfolk are asking less.

$220KMedian $1000K$2.85M

Based on 73 comparable active vacant land listings in Norfolk. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $338,000
$338,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,475.44
Estimated monthly
$7,475

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$30,275
Total due on closing
$30,275

An estimate on the asking price of $1,690,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage State Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,690,000

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