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Property Description
Development Opportunity For 8 Storeys, Approx 200 Condo Units, Commercial/Retail Ground Floor. 2 Parcel Opportunity For Development In A Quick Growing Area Of Barrie! 550 Essa Rd Will Sold Together With 552 Essa Rd. Located On A Busy Corner On Essa Rd And Identified By City Of Barrie As An Intensification Corridor. Re-Develop To Residential Building With Commercial Element. Property Re-Zoned - Mu2. Uses : Condominium, Long Term Care Home. Many New Projects Along Essa Rd Corridor. Across From Major Shopping Plaza, W/Distance To All Amenities. Easy Access To Hwy 400. Properties Are Sold "As Is"Condition
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-07 | 2023-10-31 | 117 | $5,999,999 | - | Expired |
| 2023-04-19 | 2023-07-07 | 79 | $5,999,999 | - | Terminated |
| 2023-04-19 | 2023-07-07 | 79 | $5,999,999 | - | Terminated |
| 2022-08-15 | 2022-12-31 | 138 | $3,000 | - | Expired |
| 2021-11-13 | 2022-01-26 | 74 | $1,599,000 | $1,300,000 | Sold |
| 2021-11-13 | 2022-01-26 | 74 | $1,599,000 | $1,370,000 | Sold |
| 2018-12-31 | 2019-08-02 | 214 | $1 | - | Expired |
Extras
Corner lot
Nearby Intersections
Essa & Mapleview (39)
Mapleton & Essa (24)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
85' x 265'
Fronting
East
Taxes
$5,566 (2023)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Barrie Market Statistics
Barrie Price Trend
550 Essa Rd is a 2-bedroom 2-bathroom home listed for sale at $5,999,999, which is $5,244,351 (694.0%) higher than the average sold price of $755,648 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Barrie declined by $10,195 (1.3%) compared to the previous 30 day period (February 27 - March 27) and down $31,488 (4.0%) from the same time one year ago.Inventory Change
There were 63 2-bedroom homes listed in Barrie over the last 30 days (March 28 - April 26), which is up 57.5% compared with the previous 30 day period (February 27 - March 27) and up 14.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Barrie typically sold ($10,373) (1.4%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,988 increase compared to the previous 30 day period (February 27 - March 27) and ($8,475) 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 2-bedroom homes in Barrie over the last 30 days (March 28 - April 26) stood at 42.9%, down from 80.0% over the previous 30 days (February 27 - March 27) and down from 45.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Barrie stood at 20 days when successfully sold over the last 30 days (March 28 - April 26), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Land/Max Realty Inc.
Similar Listings
Development Opportunity For 8 Storeys, Approx 200 Condo Units, Commercial/Retail Ground Floor. 2 Parcel Opportunity For Development In A Quick Growing Area Of Barrie! 552 Essa Rd Will Sold Together With 550 Essa Rd. Area Identified By City Of Barrie As An Intensification Corridor. Re-Develop To Residential Building With Commercial Element. Property Re-Zoned - Mu2. Uses : Condominium, Long Term Care Home. Many New Projects Along Essa Rd Corridor. Across From Major Shopping Plaza, W/Distance To All Amenities. Easy Access To Hwy 400. Properties Are Sold "As Is" Condition
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