C$395,000

A well-positioned residential development opportunity offering 0.32 acres in an established neighbourhood in Simcoe, Norfolk County. The property features approved planning permissions for up to 7 dwelling units, making it an excellent opportunity for builders, developers, and investors. With many possibilities for building design and development, this property offers lots of potential. Development charges are waived until 2029 due to the demolition of the original 7-plex in 2019, offering a significant added benefit for future development. The seller will also consider a Vendor Take-Back (VTB) mortgage, providing additional flexibility for qualified buyers. Ideally located close to shopping, schools, parks, public transit, and other everyday amenities, this property offers a great opportunity to develop in a convenient and established residential area. Only 10 minutes away from the popular lakeside community of Port Dover and the beaches of Lake Erie.