70 High Street, Barrie
$775,000
70 High Street, Barrie
Total Monthly Obligation $3,828
No agent assigned
EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN BARRIE'S BOOMING DOWNTOWN CORE! This sought-after location is near the waterfront, public transit, parks, schools, shops, restaurants, and the Lakehead University STEM Hub! The 2-bedroom bungalow is situated on a generous 56' x 196' lot with plenty of parking, excellent visibility, and significant redevelopment potential. Plans have been prepared for a proposed development of up to 9 residential units, offering an exciting opportunity for builders, developers, and investors. Based on the current plans, no zoning relief or Site Plan Approval process is anticipated for the proposed development, given the number of units. The property may therefore be well positioned to proceed toward Building Permit submission, subject to final municipal review and approval. This is an outstanding opportunity to secure a property in Barrie's flourishing downtown core with strong future potential! (Buyers are advised to conduct their own due diligence and verify all zoning, development, servicing, and permit requirements with the municipality)
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 70 High Street
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