325 Innisfil Street, Barrie, ON L4N 3G4

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$749,000
3
BD
2
BA
700
SqFt

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List Price
$749,000
Status
ACTIVE
Days on Market
58
Price Change
▼ $150,900 1782038857
MLS® #
S13232320
Subtype
Residential Freehold
Style
Bungalow
Bedrooms
3
Bathrooms
2
Living Area
700
Subdivision
Essa And Innisfil
Neighborhood
Allandale
MLS Area Major
Simcoe

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

Interior Features
In-Law Capability, Primary Bedroom - Main Floor
Exterior Features
Deck, Landscaped, Privacy
Taxes
$5,195
Property Description
Bungalow
Exterior Features
Brick, Stucco (Plaster)
Roof
Metal
Foundation
Block
Garage Spaces
1
View
Park/Greenbelt, Garden

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Calculator source: Real Geeks