Business For Sale · Land

338 MAPLEVIEW DRIVE E, Barrie (400 East)

338 MAPLEVIEW DRIVE E, Barrie (400 East), ON L4N0H3

$13.6M total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

99%

Lot Size

29.4 ac

About this property

Prime development opportunity: Approved 186-unit townhome site in Barrie's high-growth Painswick South enclave. Set within environmentally protected lands, offering exceptional privacy and premium lot positioning. Features desirable 2- and 3-bedroom unit options with high flexibility, including POTL freehold, condominium, or purpose-built rental. Note: Property development is to be combined with adjacent address (521 Huronia Road) for shared access and servicing frameworks. Available to acquire individually or combined as a master 238-unit community. Minutes from major transit corridors and commercial amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13.63M
Down payment30% · $4.09M
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$63K

Projected NOI

$727K

Annual cash flow

$-27K

Cash-on-cash

-0.67%

DSCR

0.96

Going-in cap

5.34%

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

92,858

Households

40,167

Median income

$135,000

Median age

41

Daytime population

143,988

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 338 MAPLEVIEW DRIVE E, Barrie (400 East).

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.