Business For Sale · Land

521 HURONIA ROAD, Barrie (Painswick South)

521 HURONIA ROAD, Barrie (Painswick South), ON L4N9H2

$4.2M total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

84%

Lot Size

15.5 ac

About this property

Prime development opportunity: Approved 52-unit townhome site in South Barrie. Positioned within a serene, mature woodland setting, this site offers ultimate development flexibility with options for POTL freehold, condominium, or rental product. Note: Property development is to be combined with adjacent address (338 Mapleview Drive East) for shared access and infrastructure. Available to acquire individually or combined as a master 238-unit community. Surrounded by active, large-scale residential developments and established neighbourhoods. Located minutes from two GO Stations, Highway 400, and Park Place retail. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.15M
Down payment30% · $1.25M
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$19K

Projected NOI

$193K

Annual cash flow

$-37K

Cash-on-cash

-2.95%

DSCR

0.84

Going-in cap

4.66%

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

56,103

Households

24,922

Median income

$114,000

Median age

31.9

Daytime population

63,631

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 521 HURONIA ROAD, Barrie (Painswick South).

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.