427 Yonge Street
Barrie L4N 4E1
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C6,500,000
($4,638,400)
(€4,135,300)
Annual Taxes:C23,303
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

An exceptional site plan approved mid rise development opportunity is available at 427 Yonge Street, Barrie, ON.

Description

An exceptional site-plan-approved mid-rise development 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 approved 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 front exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for residential housing, this investment represents a high-yield opportunity with significant planning milestones already progressed.

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.