Property Description

***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. (id:7434)