325 Innisfil Street, Barrie, ON L4N 3G4

$749,000
3
BD
2
BA
700
SqFt

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List Price
$749,000
Price Change
▼ $150,900 1782038857
MLS#
S13232320
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Allandale
Subdivision
Essa And Innisfil

Property Description

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.

Additional Information

Taxes
$5,195
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
2
Exterior
Brick, Stucco (Plaster)
Waterfront Type
None
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
3
Parking Type
Private Double

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Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.