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$1,798,000
Est. payment /mo
Price Dropped by $91K
929 Yonge ST Barrie, ON L9J 0E9
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Painswick North
MLS Listing ID S11905633
Style 1 1/2 Storey
Bedrooms 3
Building Age 100+
Annual Tax Amount $4,953
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Detached
Property Description
Attention Investors! Opportunity knocks with this 1.14 acre property designated Medium Density under Barrie's official plan. Information to support the use 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 including a brand new Metro Grocery Store, 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
Community Painswick North
Area Simcoe
Zoning RPS
Rooms
Basement Partial Basement
Kitchen 1
Interior
Interior Features Upgraded Insulation
Cooling Central Air
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 9
Building
Foundation Stone
Lited by RE/MAX HALLMARK CHAY REALTY