780 ESSA ROAD, Barrie, Ontario

Attention Builders & Investors!!This exceptional 1.41-acre property is situated along the rapidly evolving Essa Road Intensification Corridor, one of Barrie's most dynamic areas for mixed-use, residential, and commercial redevelopment.Prime frontage on Essa Road, just south of Mapleview Drive, Neighbourhood Intensification (Medium Density)Current Zoning: LI - Light Industrial (per By-law 2009-141); future NI zoning supports low- to mid-rise mixed-use development Preliminary plans for an 8-storey mid-rise with approximately 175 units and 189 parking spaces, available for qualified buyers to review.Minutes to Hwy 400 & 27, major transit routes, schools, community centres, shopping outlets, and employment lands. Strong rental market and growing need for retail and commercial space along Essa RoadCurrent Use: Residential home with about 2,500 sq ft of living space (3 + 2 bedr, 4 bath 2 kitchens), ideal for income or interim use, Full Municipal Services On Street. Located within Barrie's designated Neighbourhood Intensification CorridorLarge rectangular lot offering versatile site design and high visibility Presents numerous investment opportunities as Barrie's southern expansion continued.This is a rare chance to acquire a vital parcel in Barrie's upcoming major growth zone.Whether you want to live in, lease or redevelop, the potential here is significant.Medium-density site in Barrie's Neighbourhood Intensification Corridor, prime investment with concept plans available.6-storey building is supported under the proposed new zoning by law.However, there is an opportunity to apply for a special provision that could allow for an 8-storey building through a Zoning By-law Amendment.Current proposal Vendor working on for 8-storey mid-rise building with 175 units, 189 parking spaces, and a gross floor area (GFA) of 13,265 square meters. (id:52316)