Rural Barrie Southeast / Barrie, ON L9J 0E9
Opportunity knocks with this 1.14 acre property designated Medium Density under Barrie's official plan. Information to support the use of a Medium Density parcel including 5/6 storey multi unit builds with the City of Barrie by contacting the Planning Department or in the Official Plan which can be found on the City's website. This investment opportunity is a short walk to the south end Go Station and offers an expanding neighbourhood hub offering essential amenities including a brand new Metro Grocery Store, and more to come in the foreseeable future. The existing century home has been well cared for and maintained and is full of character and charm. The grounds on this 'L' shaped property extend behind 4 other properties, offering potential severance opportunities for the next buyer and value to investors who are purchasing neighbouring properties. Buyers and their representatives are responsible to do their own due diligence regarding the official plan, designation and other income opportunities regarding the property. Current zoning is Residential with private services. Drilled well 11/23.
TRREB MLS® Attribution
MLS® S12318956
Listed by RE/MAX HALLMARK CHAY REALTY
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
$8,780
/month · $1,438,400 mortgage
Amortization
Total Interest
$1,195,561
Total Cost
$2,633,961
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX HALLMARK CHAY REALTY