C$314,900

Build your dream home or investment property on a 51 x 92 ft lot in the heart of Barrie! For those planning to build, Ontario's current Enhanced New Housing Rebate may provide eligible owner-builders with relief on the provincial portion of HST on qualifying new home construction, subject to eligibility and applicable timing requirements. This vacant lot currently zoned R2 offers exceptional potential. Situated in a charming, mature neighbourhood just minutes from Barrie's waterfront, downtown shops, restaurants, transit & more, this property combines urban convenience with residential appeal. Enjoy being within walking distance to schools, parks, transit, and all the amenities that make downtown Barrie so desirable. Whether you're looking to build a personal residence or an income property with a legal second suite, this is your chance. Quick access to Hwy 400, GO transit, Georgian College/Lakehead University Campus, Royal Victoria Regional Health Centre, and the gateway to cottage country. In Fall 2026, Lakehead University is set to launch their purpose-built, downtown campus space focused on engineering and computer science and will be a 20-minute walk or 5-minute drive from this property. Don't miss this opportunity! Buy land, they're not making any more of it! NOTE: As of April 2024, the City of Barrie permits up to four residential units per lot in residential zones, including R2 (Residential Second Density), subject to compliance with building regulations. Property owners can add up to three Additional Residential Units (ARUs) to existing single-detached, semi-detached, or townhouse properties.