325 Innisfil Street, Barrie (Allandale), Ontario L4N3G4

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$749,000
3
BD
2
BA

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List Price
$749,000
Price Change
▼ $150,900 1782012243
MLS®
S13232320
Days on Market
55
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
2
Lot Size Dimensions
169.3 x 175 FT ; Irregular
Subdivision
Allandale

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. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Allandale
Parking Spaces
3
Cooling
None
Country
Canada
Flooring
Hardwood
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Dry, Level
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks