78 Patterson Street, Norfolk, ON N3Y 1J3

For Sale 44 days on Market MLS® X12851166

Asking Price

$399,900

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78 Patterson Street, Norfolk, ON N3Y 1J3

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Overview

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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.

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityNorfolk

Postal CodeN3Y1J3

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$399,900

Days on Market44

MLS® X12851166 • Listed by STREETCITY REALTY INC.

78 Patterson Street, Norfolk, ON N3Y 1J3

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Purchase Calculator

Home Price

$399,900.00

Location

Down Payment

$83,979.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

78 Patterson Street, Norfolk, ON N3Y 1J3

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