427 Yonge Street Barrie, Ontario L4N 4E1

$6,500,000

An exceptional mid-rise development and land assembly 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 proposed 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 exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for high-density residential housing, this investment represents a high-yield opportunity with significant planning milestones already progressed. (id:12481)

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https://www.realtor.ca/real-estate/30401665/427-yonge-street-barrie-painswick-north-painswick-north