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.
Listing Brokerage: Re/Max Hallmark Chay Realty - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark Chay Realty and should be verified by the buyer.