Property Description

An exceptional site-plan-approved mid-rise development opportunity is available at 427 Yonge Street, Barrie, ON. Strategically located on the east side of Yonge Street, directly north of MacLaren Avenue in the high-demand Painswick North neighborhood. This 1.65-acre corner site approved development comprises approximately 165,337 SF of gross floor area, incorporating a 7+storey mixed-use building with 196 residential units, ranging from Studios to 2 Bedroom + Den suites, complemented by approximately 7,700 SF of ground-floor retail space. This approximately 360 Ft of prime front exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for residential housing, this investment represents a high-yield opportunity with significant planning milestones already progressed. (id:7434)