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$1,889,900
Est. payment /mo
2 Beds
0.5 Acres Lot
UPDATED:
04/19/2024 02:24 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID S8251012
Style 1 1/2 Storey
Bedrooms 2
Annual Tax Amount $4,867
Tax Year 2023
Lot Size 0.500 Acres
Property Description
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.
Location
Province ON
County Simcoe
Area Rural Barrie Southeast
Rooms
Family Room No
Basement Partial Basement
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Upgraded Insulation
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Private
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Topography Level
Parking Type Detached
Total Parking Spaces 9
Building
Unit Features Public Transit,Place Of Worship,Part Cleared,School Bus Route,Wooded/Treed
Foundation Stone
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Listed by RE/MAX HALLMARK CHAY REALTY