Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
Financials
Price:C6,500,000
($4,570,700)
(€4,083,500)
Annual Taxes:C23,303
An exceptional mid rise development and land assembly opportunity is available at 427 Yonge Street, Barrie, ON.
Description
An exceptional mid-rise development and land assembly opportunity is available at 427 Yonge Street, Barrie, ON. Strategically located on the east side of Yonge Street, directly north of MacLaren Avenue in the high-demand Painswick North neighborhood. This 1.65-acre corner site proposed development comprises approximately 165,337 SF of gross floor area, incorporating a 7+storey mixed-use building with 196 residential units, ranging from Studios to 2 Bedroom + Den suites, complemented by approximately 7,700 SF of ground-floor retail space. This approximately 360 Ft of prime exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for high-density residential housing, this investment represents a high-yield opportunity with significant planning milestones already progressed. For further information, financials, Site Plan Approval documents, plans, drawings and confidential offering details, please contact the listing representative.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.