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910 Veterans Dr 1.81 Acres of Residential Land Offered at $4,300,000 CAD in Barrie, ON L9J 0E5
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale, on behalf of the Court-Appointed Receiver, 910 Veterans Drive located in the City of Barrie, ON (the “Site”, the “Property” and/or “910 Veterans”). The Site is within the Salem Secondary Plan and is draft plan approved with conditions for a 48-unit residential townhouse development. The Property is square, generally flat, wellmaintained and situated on the east side of Veterans Dr, just north of McKay Rd W. 910 Veterans is surrounded by residential development, which is actively under-construction to bring residential units to the immediate vicinity, essentially transforming 910 Veterans to be an infill development opportunity. The Site offers excellent connectivity to the Greater Toronto Area and the City of Barrie by way of Highway 400. There are multiple Highway 400 interchanges, including Mapleview Dr and Innisfil Beach Rd, both which are approximately a 3km drive from the Site. 910 Veterans Drive benefits from excellent access to countless amenities such as restaurants, banks, grocery stores and retailers, a lot of which are centralized around Mapleview Dr and Highway 400 (3km / 5-min drive from the Site). Schools, community services, and parks & recreation centres are also available within the community. Regional transit connectivity between Toronto’s Union Station and Barrie is serviced by two-way, all day service along the Barrie GO Line with both the Allendale GO and the Barrie South GO stations located in Barrie. 910 Veterans Drive offers an excellent draft plan approved, ground-oriented residential
development opportunity in a rapidly developing area with a clear path to construction given the approvals in place.
development opportunity in a rapidly developing area with a clear path to construction given the approvals in place.
PROPERTY FACTS
| Price | $4,300,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Court Appointed Sale | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 1.81 AC |
| Zoning | RM3, SP-583 - Neighborhood Residential | ||
| Price | $4,300,000 CAD |
| Sale Type | Investment |
| Sale Condition | Court Appointed Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.81 AC |
| Zoning | RM3, SP-583 - Neighborhood Residential |
1 LOT AVAILABLE
Lot
| Price | $4,300,000 CAD | Lot Size | 1.81 AC |
| Price Per AC | $2,375,690.61 CAD |
| Price | $4,300,000 CAD |
| Price Per AC | $2,375,690.61 CAD |
| Lot Size | 1.81 AC |
The Property is square, generally flat, wellmaintained and situated on the east side of Veterans Dr.
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CONTACTS
-
Ian Hunt -
Jason Child -
Torey Ferrelli -
Daniel Satoor -
Allison Conetta -
CBRE, Limited
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910 Veterans Dr
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