Rare Opportunity: Two Character Homes in James Bay. This unique offering presents two charming character homes located in the heart of James Bay. These well-loved 1930s homes have been cherished by the same family for over 40 years. Situated steps to the highly desirable James Bay Village, they offer exceptional frontage and are zoned as R3-2 within the Multiple Dwelling District. 516 Simcoe Street features 3 bedrooms and 2 bathrooms, along with additional unfinished space on the lower level. The south-west facing lot spans 5098 sqft. 517 Toronto Street offers 2 bedrooms and 2 bathrooms, with additional space on the lower level. The lot size is 4146 sqft. Consider holding and renting these homes while exploring future redevelopment options. Buyers to verify all development plans, and the properties are being sold as-is, where-is. The combined offering of 516 Simcoe Street and 517 Toronto Street is priced at $2,500,000.00. Contact your Realtor today to book a showing.