$6,500,000
For sale: Vacant Land

An exceptional site-plan-approved mid-rise development opportunity is available at 427 Yonge Street, Barrie, ON. Strategically located on the east side of Yonge Street, directly north of MacLaren Avenue in the high-demand Painswick North neighborhood. This 1.65-acre corner site approved development comprises approximately 165,337 SF of gross floor area, incorporating a 7+storey mixed-use building with 196 residential units, ranging from Studios to 2 Bedroom + Den suites, complemented by approximately 7,700 SF of ground-floor retail space. This approximately 360 Ft of prime front exposure along the Yonge Street Intensification Corridor. Positioned to capitalize on Barrie's urgent demand for residential housing, this investment represents a high-yield opportunity with significant planning milestones already progressed.
Sold data
Homes in Painswick North took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 81 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $649,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 81 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Painswick North) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$5,750,000
Vacant Land455 YONGE STREET, Painswick North, Barrie

$7,988,000
Vacant Land1326 INNISFIL BEACH ROAD, Alcona, Innisfil

$8,000,000
Vacant Land0 FERN AVENUE, Langstaff, Richmond Hill

$4,400,000
Vacant Land381 BLACK SCHOOL ROAD, Mariposa, Kawartha Lakes

$8,499,000
Vacant Land37 ANDERSON BOULEVARD, Rural Uxbridge, Uxbridge

$7,999,950
Vacant Land9 MAIN STREET, Wasaga Beach, Wasaga Beach

$10,800,000
Vacant Land13825 LESLIE STREET, Bayview Southeast, Aurora

$8,500,000
Vacant Land669 TAUNTON ROAD W, Northwest Ajax, Ajax