This lot in Barrie is for sale.

Description

Land development opportunity located on an Intensification Corridor with proposed new zoning allowing for medium density development. Close proximity to other new developments currently under way and new 7 storey residential building in application approval process. **EXTRAS** Under the first draft of the new Zoning By-law, the subject site is designated NM1, which permits medium-density residential development. Potential for development of 16 townhouses. (id:66096)

Property Details

MLS®: S13072250
Property Type: Vacant Land
Zoning: R1- Working to change Proposed NM1
Bathrooms: 0
Lot Size: 60 × 200 ft (12,000 sq ft)
Frontage: 60 ft
Property Tax: $1,995.8/yr
Listed: 187 days ago

Market Timing

Days on market

187d

Barrie (Painswick North) listings, avg age

68d

List price

$800K

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.

Haho

This vacant land in Barrie (Painswick North) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL HERITAGE REALTY LTD. · MARIO IOZZI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4N)

This home lists at $799,900, about 8.2× the local median household income of $97,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$799,900

For sale

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Financing

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423 Yonge Street, Barrie (Painswick North) - Vacant Land for Sale