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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 $2,217,467 (283.4%) higher than the average sold price of $782,532 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Barrie declined by $20,803 (2.6%) compared to the previous 30 day period (February 28 - March 28) and up $4,191 (0.5%) from the same time one year ago.Inventory Change
There were 195 3-bedroom homes listed in Barrie over the last 30 days (March 29 - April 27), which is up 30.0% compared with the previous 30 day period (February 28 - March 28) and up 18.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($4,249) (0.5%) below asking price over the last 30 days (March 29 - April 27), which represents a $8,251 increase compared to the previous 30 day period (February 28 - March 28) and ($752) less 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 (March 29 - April 27) stood at 44.6%, down from 66.7% over the previous 30 days (February 28 - March 28) and down from 71.3% 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 19 days when successfully sold over the last 30 days (March 29 - April 27), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Nu-Key Realty Ltd.
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