



1/5155 & 157 ARDAGH ROAD, Barrie (Ardagh), ON L4N3V5
$725,000 total
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Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
100%
TWO SEPARATE LOTS!!! 155 Ardagh Rd and 157 Ardagh Rd to be sold together. Attention investors and builders, an exceptional opportunity to develop a semi-detached project on two residential lots in the highly sought-after Ardagh Bluffs. ZonedRM1, the original parcel has already been severed into two separate lots, offering a streamlined path to development. Ideally located with quick access to Highways 400 and 27, and surrounded by a full range of amenities including schools, parks, trails, daycare facilities, restaurants, cafes, and shopping. The lots back onto an established neighbourhood, providing a desirable and private setting. Municipal services are available at the lot line for ease of connection. Buyers & Buyer's Agent to complete their own due diligence. (id:66811)
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Monthly debt service
$3K
Projected NOI
$40K
Annual cash flow
$49
Cash-on-cash
0.02%
DSCR
1.00
Going-in cap
5.55%
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.
Trade area within 3 miles of the property.
Population
118,692
Households
52,793
Median income
$90,000
Median age
45.6
Daytime population
108,379
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 155 & 157 ARDAGH ROAD, Barrie (Ardagh).
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.