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Pemberton Holmes Ltd.

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427 Yonge Street
homes for sale · Barrie · Painswick North
$6,500,000

427 Yonge Street

Painswick North, Barrie · MLS® S14033066

2 sq ft · 2 sq ft lot · Land · Vacant Land · 10 days on market

listed by NARESH SHARMA, RE/MAX GOLD REALTY INC.

realtor's 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.

property details

type
Land, Vacant Land
living area
2 sq ft
lot
2 sq ft
parking
0
property tax
$23,303 / yr
days on market
10
MLS®
S14033066

monthly cost

$30,262/mo
Mortgage $28,320 · Tax $1,942

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$28,320/ monthly
loan $5,200,000
25-year amortization
total interest
$3,295,963
cash to close
$1,300,000
down payment; transfer tax and fees not included
total paid
$8,495,963

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Painswick North, BarrieGoogle Maps ↗

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listed by
NARESH SHARMA
RE/MAX GOLD REALTY INC.
call NARESH · 416-930-5490
Powered by: REALTOR.ca

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location

Painswick North, BarrieGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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