C$5,750,000

An exceptional site-plan-approved mid-rise development opportunity is available at 455 Yonge Street, Barrie, ON. Strategically located on the east side of Yonge Street, directly south of MacLaren Avenue in the high-demand Painswick North neighborhood. This 1.36-acre corner site approved development comprises approximately 146,380 SF of gross floor area, incorporating a 7+storey mixed-use building with 176 residential units, ranging from Studios to 2 Bedroom + Den suites, complemented by approximately 6,200 SF of ground-floor retail space. This approximately 300 Ft of prime exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for residential housing , this investment represents a high-yield opportunity with significant planning milestones already progressed. (id:41202)