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. (id:4069)
Address
929 YONGE STREET
List Price
$1,889,900
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Barrie
Bedrooms
3
Bathrooms
2
Floor Area
1,100 Sq. Ft.
Lot Size
60 x 121.6 FT ; L shaped see descrption Sq. Ft.
MLS® Number
S8251012
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Basement Area
Partial
Postal Code
L9J0E9
Zoning
RPS
Site Influences
Public Transit, Place of Worship
Features
Wooded area, Irregular lot size, Partially cleared, Level
