
Barrie, ON L4N 3K8
Prime Development Opportunity in the Heart of Barrie! Rare opportunity to acquire a premium development site at 119 Essa Road, ideally positioned on one of Barrie's main arterial routes. The property currently features a detached 1,350 sq. ft. residence offering 2 bedrooms plus a den, 1 full bathroom and 1 half bathroom, along with a fully detached 3-car garage, providing immediate usability or rental potential while exploring future redevelopment options. This highly visible location offers exceptional transit accessibility, situated directly on a public bus route and just steps from the Barrie Bus Terminal and Allandale GO Station, making it ideal for transit-oriented development. Quick and convenient access to Highway 400 further enhances connectivity for residents and commuters alike. The property sits on a generous 68 ft x 165 ft lot, offering ample frontage and depth for redevelopment. Surrounded by ongoing intensification, neighboring properties have received minor variances approved by the City of Barrie permitting up to a 5-storey multi-dwelling residential build, underscoring the strong redevelopment potential of this location. Located minutes from downtown Barrie, waterfront amenities, shopping, restaurants, and major employment hubs, this site represents an outstanding opportunity for developers and investors looking to capitalize on a rapidly evolving urban corridor.
TRREB MLS® Attribution
MLS® S12647460
Listed by RARE REAL ESTATE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,785
/month · $784,000 mortgage
Amortization
Total Interest
$651,641
Total Cost
$1,435,641
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RARE REAL ESTATE