Skip to main content
70 Water Street

70 Water Street

Norfolk, ON

  • 0.6 sqft
  • Land
  • 316 days on market
$1,438,000

Turn-Key Building Lot Available! Located In The Heart Of Simcoe's Vibrant Downtown Core And Just Steps From The Scenic Lynn River, This Property Offers An Exceptional Development Opportunity Surrounded By A Thriving Mix Of Residential, Retail, And Community Amenities. Approximately 0.60 Acres In Size And Including An 8,300 Sq. Ft. Vacant Building, The Site Features Approved Zoning By-Law Amendment Permitting The Development Of A Six-Story Apartment Building With Office, Retail, And Service Space On The Ground Floor. Enjoy The Convenience Of Being Within Walking Distance To Local Shops, Restaurants, Cafés, Schools, Parks, And Norfolk County Offices. Nearby Attractions Include The Simcoe Farmers Market, Lynnwood Arts Centre, And Picturesque Trails Along The Lynn River - Making This Location Ideal For A Vibrant Mixed-Use Community That Perfectly Blends Urban Living With Small-Town Charm. Survey Attached. A Rare And Ready-To-Build Opportunity ( Subject to Specific Site Plan Approval ) To Develop A Modern Mixed-Use Residential And Commercial Project In One Of Simcoe's Most Desirable And Walkable Downtown Locations. Endless Potential - Don't Miss Out!

Virtual Tour

Virtual Tour Available

3D Tour
Virtual Tour

Listing Details

Taxes (2025)
$19,265
Listed
October 30, 2025

Price History

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Norfolk st. S & Water St.
Zoning
CBD & Zoning By Law Amendment( No.2- Z--2016 )
Parcel Number
502350149
Possession
Flexible
Occupancy
Vacant

Commercial

Business Type
Industrial

Included

Inclusions
All Municipal Services Available - Including Sewer, Hydro, Gas, And Water (Gas and Water Are Currently Turned Off ).

Community

Postal area N3Y

Population
23,402
Private dwellings
10,382
Median age
49.2
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Norfolk · last 12 months

Median sold price
$585,000
Homes sold
472
Median days on market
41
Sale-to-list price
95.9%

Based on 472 recorded sales of commercial properties in Norfolk over the last 12 months.

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI

Walk Score

88

Walk

63

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$19,265

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences