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0 Rob Blake Way, Simcoe, ON Information Package 0 Rob Blake Way, Simcoe, ON LAND DEVELOPMENT OPPORTUNITY Prime Residential Development Land Asking Price $1,750,000 Bob Budd John Bar Sales Representative, Senior Associate Principal, Senior Vice President Land Sales & Acquisitions Sales Representative 226.366.9020 226.366.9080 [email protected] [email protected] The Opportunity Avison Young Commercial Real Estate (Southwestern Ontario), Brokerage is please to offer for sale on behalf of the owner, a unique and picturesque 9.5 acre (3.85 ha) residential development property located in Simcoe, Ontario. Simcoe, is nestled in the middle of Norfolk County within driving distance to the GTA and within a shorter drive to the Cities of Brantford, Hamilton and Kitchener-Waterloo, to name a few. The Town itself is an attractive community having modern day facilities including many retail stores, banks and restaurants in addition to regularly sought after services such as Service Ontario and Service Canada Offices, Health and Social Services and houses the Norfolk General Hospital. In addition, the Town offers an array of recreational facilities for the young at heart and is also home to the Norfolk County Fair Grounds. Previous studies have indicated that Norfolk County like many other tertiary markets has an aging population. This makes the town a favorable location to attract retirement and life style type housing developments. It should be noted that rural populations are also facing an aging demographic and retirees and pre-retirees are migrating to the smaller towns for their retirement years. Almost 60% of the County’s population are now aged 55 and older. Current migration to the area indicates that many City residents are also seeking a lifestyle change to “small town Ontario” communities, particularly to areas like Simcoe and Port Dover. The County offers many special amenities including lakeside resort areas, more moderate climates and a strategic location for an easy commute to and from all major cities in central and south western Ontario. The shore and beaches of Lake Erie are a very short drive away. Many of today’s active retirees and pre-retirees are seeking a slower pace of life and an alternate style of living at an affordable price. Simcoe offers such benefits. The preferences of both provincial and federal governments is toward the concept of aging in place housing types versus institutional living for seniors. This concept bodes well for the development of the subject site, especially given its proximity to Norview Lodge Long Term Care Facility with its available service providers and in-home services adjacent to the property. The Opportunity The Rob Blake Way property offers the Buyer the ability to capitalize on location and the development of an adult life style type community. The Sellers have already conducted a number of studies including Geo-technical Report, a Phase 1 Environmental Site Assessment, an Environmental Update Study and can offer the prospective buyer a Site Plan Concept together with conceptual floor plans for the construction of 101 townhouses with approved zoning in place. QUEENSWAY W WAY ROB BLAKE BLAKE ROB NORFOLK STREETN SUBJECT SITE Property Details 0 ROB BLAKE WAY, SIMCOE Municipal Address “0 Rob Blake Way Simcoe, Ontario N3Y 0E3 PIN Numbers PIN 50221-0252 PIN 50221-0260 Farm Tenant None Land Area (Ha) 3.85 ha Land Size (Acres) 9.5 ac. Lot Frontage/Depth Irregular 2017 Total Taxes: $4,142.23 Official Plan Urban Residential Cross Streets Highway #3 and Rob Blake Designation Way, Simcoe Current Zoning Urban Residential Municipal Services Hydro, Water Type 4 Zone Sewers, Natural Gas R4 (H) The (H) provision can be removed once the Site Plan Agreement has been completed. General Comments: • The property is zoned for 101 townhouses with Concept Site Plan in place. • Reports and Studies completed by the Seller are available. See from the listing brokerage with the signing of a CIM. Principals Only please. • A Storm Water Management pond is located next to the lands and arrangements are in place to use the SWM Pond for the development of the lands. • The Town and County Officials are very supportive of the proposed use and adult life style concept for development of the property. Property Details The site is comprised of two adjoining parcels of land being all of PINS 502210252 and 502210260. Legal Description: Part Lots 16 and 17, Concession Gore, Geographic Township of Woodhouse, designated as Parts 1 and 2, Plan 37R-9515 and Parts 1 and 2, Plan 37R-10116, together with an easement over Part 4 on Plan 37R-9515 as in NR602508, County of Norfolk. Proposed Phase 1 Lands PIN 502210260 Proposed Phase 2 Lands PIN 502210252 Site Plan Concept Zoning By-law No. 61-Z-2005 Zoning By-law No. 61-Z-2005 The property is designated Urban Residential in the Norfolk County Official Pan and in 2005 the Corporation of the Norfolk County passed Zoning By-law 61-Z-2005 Being a by-law to amend the previous Community Institutional Zoning (CI) to Urban Residential Type 4 Zone – Holding (R4(H)). Development Charges 2017 Available Reports & Disclaimer The following reports are available to prospective purchasers, subject to signing a Confidentiality Agreement (CA) and Agency Disclosure Form. Please contact LB. 1. Geo-technical Report – 2005 2. Phase 1 Environmental Site Assessment – 2005 3. Environmental Update Study – 2005 4. Conceptual Floor Plans for the 101 Townhouses Concept 5. Draft Site Plan Agreement - 2010 The information provided herein is offered only to assist the prospective Buyer(s) in determining the opportunity to acquire the property. While the information is believed to be from reliable sources it is not guaranteed to be correct and has not been verified by Avison Young Commercial Real Estate or any of its agents. Avison Young neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness or suitability of the information, nor for any decisions made by the prospective Buyer based on the provision of the information or any verbal advise provided. The information herein may change prior to the property being sold. For more information, please contact: Bob Budd John Bar Sales Representative, Senior Associate Principal, Senior Vice President Land Sales & Acquisitions Sales Representative 226.366.9020 226.366.9080 [email protected] [email protected] Avison Young Commercial Real Estate (Southwestern Ontario), Brokerage 231 Shearson Crescent, Suite 210 Cambridge, ON N1T 1J5 avisonyoung.com T 226.366.9090 F 866.541.9755 ©2018 Avison Young (Canada) Inc. All rights reserved. .
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