Business For Sale · Land

883 MAPLEVIEW DRIVE E, Barrie

883 MAPLEVIEW DRIVE E, Barrie, ON L9J0C2

$1 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

82%

Lot Size

74.8 ac

About this property

Exceptional 74.76-acre residential development opportunity in South Barrie's rapidly growing Hewitt's Secondary Plan area. 883 Mapleview Drive East offers a large-scale, Draft Plan Approved residential development site with an approved concept of up to 658 lots, including a mix of townhomes and detached residential product. Strategically located adjacent to Maple Ridge Secondary School and surrounded by significant existing and planned residential development, with convenient access to Hwy 400, Barrie South GO Station, public transit, shopping, schools and other amenities. The property represents a rare opportunity for a major builder/developer to acquire significant scale within one of Barrie's primary residential growth corridors, with substantial planning work already completed. Recent City of Barrie initiatives reducing residential development charges by 50% may provide significant additional benefit to future development, subject to eligibility and confirmation through consultation with the City. Existing planning and property documentation is available for review. Excellent opportunity for builders, developers, land investors or development partnerships. Buyers are to rely on their own judgment and interpretation of the applicable zoning, Official Plan designations, Draft Plan Approval, servicing, development charges, conditions of approval and other development-related matters, having regard to their own intended use and development plans for the property. Seller may consider VTB for strong qualified Buyers. Current zoning is R5; NL2 & GS in new Zoning by-law. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1
Down payment30% · $0
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

62,862

Households

24,040

Median income

$106,000

Median age

33.8

Daytime population

105,535

5-yr growth

8.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 883 MAPLEVIEW DRIVE E, Barrie.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.