$899,900Asking Price
Seller is motivated and open to negotiate! Creative opportunity for current development, or hold, and plan land assembly for future development. The City of Barrie has advised this property can reasonably be brought forward for a current rezoning to support a building in the range of 24 residential units, subject to detailed design, servicing and formal approvals. That alone makes it a very workable medium-scale project. The future upside, is in assembling this property with adjoining parcels, where the Official Plan's rezoning will allow Medium to High Density development pointing to a much larger yield and potential for mid-rise or mixed-use expansion. With a fantastic location within walking distance to all downtown amenities and beach access, Go Train, public transit and Hwy 400 access. This property deserves your attention for both current and future opportunity in an intensification area of Barrie.
Seller is motivated and open to negotiate! Creative opportunity for current development, or hold, and plan land assembly for future development. The City of Barrie has advised this property can reasonably be brought forward for a current rezoning to support a building in the range of 24 residential units, subject to detailed design, servicing and formal approvals. That alone makes it a very workable medium-scale project. The future upside, is in assembling this property with adjoining parcels, where the Official Plan's rezoning will allow Medium to High Density development pointing to a much larger yield and potential for mid-rise or mixed-use expansion. With a fantastic location within walking distance to all downtown amenities and beach access, Go Train, public transit and Hwy 400 access. This property deserves your attention for both current and future opportunity in an intensification area of Barrie.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.60' x 11.42' | |
| 2 | Kitchen | Lower | 15.49' x 12.24' | |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Lower | ||||
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Allandale, Barrie is a north GTA neighbourhood notable for its singles, renters, university grads, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 30 to 34, 30 to 34, 30 to 34 and 30 to 34 and seniors aged 65 to 74.
Kids Per Family
0.9
kids per family
in the neighbourhood.
52%
of residents are
single and loving it.
52% singles
Barrie (46%)
50%
of residents
are renters.
50% renters
Barrie (30%)
26%
of residents are
university grads.
26% university grads
Barrie (23%)Average Household Income
$88K
is the average household
income in the neighbourhood.
Professions
| Sales | 19% |
| Trades | 13% |
| Government | 9% |
| Business | 6% |
| Management | 5% |
10%
of residents were
born outside of Canada.
10% immigrants
Barrie (13%)3.7% from UK
All-time
0.8% from UK
Recent
Foreign Languages
| French | 2% |
| German | 1% |
| Polish | 1% |
| Italian | 1% |
| Spanish | 1% |
Religions
| Christian | 60% |