Description

Listed by HOMELIFE EMERALD REALTY LTD.

*Development Opportunity* in a rapidly transforming Barrie location! This 33' x 166' lot is currently sitting with an older 2-storey, 3 bedroom 1bathroom home & is being offered as an excellent development or land assembly opportunity. Zoned RM2 (SP-189), the property is situated within a multiple-residential zoning designation that permits a range of residential forms, subject to applicable zoning requirements & approvals. The generous lot depth & existing 33' frontage provide an excellent starting point for future development plans. The property may be purchased individually or together with the neighbouring property (185 Dunlop Street W), creating a combined development parcel with approximately 99' of frontage & significantly greater development potential. Surrounded by ongoing development & properties transitioning from older homes to new residential construction, this is an opportunity for builders, investors & developers to secure land in an area experiencing change. Existing home is being sold in its current condition. Buyer to conduct their own due diligence regarding permitted uses, density, servicing, development approvals & potential future development with the City of Barrie.