MLS® S13799074 · Listed by RE/MAX HALLMARK CHAY REALTY. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$430,000
Detached for sale · 2 bed · 1 bath
Signal
50/100
Steady demand right now
Likely sale price $411,218
Opportunity knocks in Barrie. This RM1 / RM1(SP-528-HC) zoned property offers more than a typical residential purchase, with an approximately 66 ft. x 132 ft. lot and future potential for residential intensification. The existing home is a handyman special, making this an appealing option for renovators, investors, builders or buyers looking to reposition the property. A preliminary feasibility study has identified potential pathways including retain-and-convert, additional residential units, or a purpose-built low-rise multi-unit infill concept, subject to buyer due diligence and municipal requirements. Located in an evolving area of Barrie, this property offers present residential use with meaningful future upside. Buyer to verify zoning, survey, servicing, parking, permits, incentive eligibility and all development possibilities.