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    For Sale - 791 Essa Road, Barrie, Ontario

    Est payment $7,155/mo
    Get pre-qualified
    Views   3
    Time on Jump  125 day

    AI Summary *

    • Prime location for developing 8 freehold townhomes in Barrie.
    • No site plan approval needed, making it shovel ready quickly.
    • Currently generating $4800 monthly rental income.
    • Corner lot with ample parking including a double car garage.
    • Opportunity for government incentives on development charges and HST rebate.




    ***development opportunity*** excellent opportunity for all investors & builders to build 8 freehold townhomes on this lot in the sought after southwest end of barrie close to schools, parks, plazas, shopping, public transit, highway. This property is an excellent cash flow opportunity while the building permit is processed. No site plan approval required from city !!! Shovel ready in quick time. Currently tenanted at $4800 per month. Situated on a 75 x 200 feet corner lot, with a double car garage, back entrance and two separate private driveways. Concept elevation renderings & architectural floor plans created. Survey available. Take advantage of 50% development charges reduction and 100% hst rebate from the government. Ideal for builders to complete a quick turnaround project. Potential to combine with the adjoining property to make a bigger parcel for bigger development project.
    Listing IDS13078472
    Address791 Essa Road
    CityBarrie, Ontario
    Price$1,490,000
    Bed / Bath5 / 3 Full
    StyleBungalow, Detached
    ConstructionBrick, Stucco (Plaster)
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, Auto Garage Door Remote, Built-In Oven, In-Law Capability, In-Law SuiteAmenities Park, Public Transit, School Bus Route, SchoolOwnership FreeholdWaterfront NoneBasement Finished with Walk-OutFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Septic

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    Listing Agency:  CITYSCAPE REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    791 Essa Road
    Barrie , Ontario
    5 3 $1,490,000
    Get more info