Welcome to this remarkable vacant land located in the coveted neighborhood of Simcoe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $449,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This vacant land located at 78 Patterson Street, Norfolk is currently for sale and has been available on SousaSells for 183 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 78 Patterson Street, Norfolk is in the Simcoe neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Simcoe, Norfolk.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 78 Patterson Street, Norfolk, ON in Simcoe, Norfolk is $449,900.
This property features 0 bedrooms and 0 bathrooms.
78 Patterson Street, Norfolk, ON is a Vacant Land () featuring a basement.
Heating is provided via standard central heat and cooling via .
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Simcoe, Norfolk
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 78 Patterson Street, Norfolk, ON N3Y 1J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Norfolk.
About Purchasing a Home in Norfolk, ON
For a property listed at $449,900 in Norfolk, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,473.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Simcoe, Norfolk.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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