12B Ottaway Avenue, Barrie (Wellington), Ontario, L4M2W7
$399,900
Barrie
This lot in Barrie is for sale. It has been on the market 48 days, fresher than the Barrie average of 57 days.
ATTENTION INVESTORS!!! Barrie just announced 50% DC fee reduction. Calling all builders, investors, and future homeowners! This 33' x 141' permit-ready vacant lot is located on a quiet cul-de-sac in Barrie's sought-after east end. Recently severed and zoned R4, the property offers flexibility for a variety of building options. Based on the current zoning, permitted uses include a detached home, duplex, triplex, or fourplex, subject to municipal requirements and approvals.Situated in a mature, established neighbourhood, the lot is close to schools, shopping, dining, Royal Victoria Regional Health Centre, Highway 400, and other everyday amenities. Enjoy privacy, convenience, and accessibility while building in one of Barrie's desirable residential areas.The Buyer and Buyer's Agent are responsible for verifying zoning, permitted uses, development potential, building-permit requirements, and all other relevant information with the appropriate authorities, and for completing their own due diligence. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Barrie (Wellington) has been listed for 48 days, which is 9 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 4.6× the local median household income of $87,000.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L4M)
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