Barrie, Rural Barrie Southeast, L9J 0E9
$1,889,900
Listed by RE/MAX HALLMARK CHAY REALTY.
Attention Investors! Opportunity knocks with this 1.14 acre property designated Medium Density under Barrie's official plan. All documents are available to support the uses of a Medium Density parcel including 5/6 storey multi unit builds with the City of Barrie by contacting the Planning Department or in the Official Plan which can be found on the City's website. Once finalized by the City of Barrie, the potential to support multi unit development on this property will add value! This rare investment opportunity is close to the Go Station and offers a neighbourhood hub within walking distance offering essential amenities and more to come in the foreseeable future. The existing century home has been well cared for and maintained , and offers character and charm. The grounds on this 'L' shaped property extend behind 4 other properties, offering potential severance opportunities for the next buyer and value to investors who are purchasing neighbouring properties. Buyers and their representatives are responsible to do their own due diligence regarding the official plan, designation and other income opportunities regarding the property. Current zoning is Residential with private services. New drilled well 11/23.
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3rd Br
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Prim Bdrm
2nd Br
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register:
