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$1,490,000
Barrie
791 Essa Road, Barrie (Holly), Ontario, L4N9G5
This 5-bedroom, 3-bathroom home in Barrie is for sale.
***DEVELOPMENT OPPORTUNITY*** Excellent Opportunity for all Investors & Builders to build 8 Freehold Townhomes on this Lot in the Sought After Southwest End Of Barrie close to Schools, Parks, Plazas, Shopping, Public Transit, Highway. This property is an excellent cash flow opportunity while the Building Permit is processed. No Site Plan Approval required from City !!! Shovel Ready in quick time. Currently tenanted at $4800 per month. Situated On A 75 x 200 Feet Corner Lot, With A Double Car Garage, Back Entrance And Two Separate Private Driveways. Concept Elevation Renderings & Architectural Floor Plans created. Survey Available. Take advantage of 50% Development Charges reduction and 100% HST rebate from the government. ideal for builders to complete a quick turnaround project. Potential to combine with the adjoining property to make a bigger parcel for bigger development project. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 184 days on market, against an average age of 47 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 5-bed single family in Barrie (Holly) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,490,000, about 15.4× the local median household income of $97,000.
Carrying it typically needs a household income of about $291,049 (20% down, 25-yr amortization, stress-tested) — roughly 200% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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