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Key Facts
Key facts for 1478 Simcoe Street N
Property Type
House, 2-Storey
Parking
None 0 garage, 5 parking
MLS #
E8136580
Size
-
Basement
Finished
Listed on
2024-03-12
Lot size
50 x 250.0
Tax
$5,026 /yr
Days on Market
580
Approximate Age
-
Maintenance Fee
-
Description
Attention investors, developers, builders, and visionaries! Exceptional development opportunity just 1.4 km from University of Ontario Tech (UOIT). This large, 4 bedroom detached home, boasts a huge 50x250 lot. This property can be sold with neighboring 1482 Simcoe St North, a lovely detached bungal...ow on a sprawling 2.28 acre parcel of land, expanding your footprint and enjoying a combined frontage of over 147' on prized Simcoe St North. Positioned within the Medium Density II designation of the Samac Secondary Plan, this property offers the potential for 60-85 units per hectare*, making it a prime location for multi-unit residential development. Don't miss out on this incredible opportunity to shape the future of this thriving community! **** Extras **** Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth.
