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Property Description
Development Opportunity for up to 12 story -120 unit residential building or possible commercial building. Prime corner location. Re-zoned urban transition as per City of Barrie's new OP and zoning bylaw. Across from mega-use development. Positive pre-consultation completed with City. Possibility to go taller for purpose rental building. Walking distance to GO train, waterfront, parks, church, schools, shopping & HWY 400, public transportation at door front. VTB considered.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
143' x 149'
Lot Irregularities
Irregular
Fronting
South
Taxes
$15,700 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
50
Driveway
Pvt Double
Garage Type
Other
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Barrie Market Statistics
Barrie Price Trend
150 Essa Rd is a 3-bedroom 4-bathroom home listed for sale at $2,999,999, which is $2,270,273 (311.1%) higher than the average sold price of $729,726 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Barrie declined by $21,750 (2.9%) compared to the previous 30 day period (September 22 - October 21) and down $16,044 (2.2%) from the same time one year ago.Inventory Change
There were 152 3-bedroom homes listed in Barrie over the last 30 days (October 22 - November 20), which is down 12.1% compared with the previous 30 day period (September 22 - October 21) and up 20.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($15,461) (2.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $2,735 increase compared to the previous 30 day period (September 22 - October 21) and ($17,176) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Barrie over the last 30 days (October 22 - November 20) stood at 51.3%, up from 39.9% over the previous 30 days (September 22 - October 21) and up from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Barrie stood at 36 days when successfully sold over the last 30 days (October 22 - November 20), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Nu-Key Realty Ltd.
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