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$ 529,999
Est. payment | /mo
1 Bed
1 Bath
$ 529,999
Est. payment | /mo
1 Bed
1 Bath
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Painswick North
MLS Listing ID S13729884
Style Bungalow
Bedrooms 1
Annual Tax Amount $2,838
Tax Year 2025
Property Sub-Type Detached
Property Description
Fantastic Opportunity to own a 65 x 206 lot in the prime location of Barrie's Painswick area, right near Yonge\Big Bay Pt Rd. Renovated 1 bedroom home + workshop/garage to rent as a holding income benefit while planning the future development of this lot. Barrie passed By-law 2024-043 permitting four dwelling units on residentially zoned lands (R1). The City's current ARU program provides standardized designs, and in 2026 Barrie is reducing ARU building-permit application fees by 50%, with full rebates available where qualifying units achieve occupancy within 12 months of permit issuance. HUGE potential with this lot, PLUS Barrie's zoning by-law already contains several site-specific intensification provisions/changes along Cox Mill Rd. Maintain the current structure (add on addition opportunity) to keep close proximity to the road, plus the ARU add on's. Exceptional Development & Income Opportunity.
Location
Province ON
County Simcoe
Area Simcoe
Zoning R1
Rooms
Basement Crawl Space
Kitchen 1
Interior
Interior Features None
Cooling None
Fireplaces Number 1
Fireplaces Type Natural Gas
Inclusions Appliances
Exterior
Parking Features Detached
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 1
Building
Building Age 100+
Foundation Unknown
Others
ParcelsYN No
Lited by ENGEL & VOLKERS TORONTO CENTRAL