Description

Attention Builders & Investors!! This exceptional 1.41-acre property is situated along the rapidly evolving Essa Road Intensification Corridor, one of Barrie's most dynamic areas for mixed-use, residential, and commercial redevelopment. - Location: Prime frontage on Essa Road, just south of Mapleview Drive- Official Plan: Neighbourhood Intensification (Medium Density)- Current Zoning: LI- Light Industrial (per By-law 2009-141); future NI zoning supports low to mid-rise mixed-use development- Development Proposal: Preliminary plans for an 8-storey mid-rise with approximately 175 units and 189 parking spaces, available for qualified buyers to review- Connectivity: Minutes to Hwy 400 & 27, major transit routes, schools, community centres, shopping outlets, and employment lands- Market Demand: Strong rental market and growing need for retail and commercial space along Essa Road. - Current Use: Residential home with about 2,500 sq ft of living space (3 + 2 bedrooms, 4 bathrooms, 2 kitchens), ideal for income or interim use, Full Municipal Services On Street.- Located within Barrie's designated Neighbourhood Intensification Corridor- Large rectangular lot offering versatile site design and high visibility- Presents numerous investment opportunities as Barrie's southern expansion continues. This is a rare chance to acquire a vital parcel in Barrie's upcoming major growth zone. Whether you want to live in, lease, or redevelop, the potential here is significant. Medium-density site in Barrie's Neighbourhood Intensification Corridor, prime investment with concept plans available. Vendor received an email from the Planner in the Development Services Department of the City of Barrie mentioned that under the proposed new Zoning By-law, a 6-storey building is supported. However, there is an opportunity to apply for a special provision that could allow for an 8storey building through a Zoning By-law Amendment.