$775,000
For sale: Detached

EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN BARRIE'S BOOMING DOWNTOWN CORE! This sought-after location is near the waterfront, public transit, parks, schools, shops, restaurants, and the Lakehead University STEM Hub! The 2-bedroom bungalow is situated on a generous 56' x 196' lot with plenty of parking, excellent visibility, and significant redevelopment potential. Plans have been prepared for a proposed development of up to 9 residential units, offering an exciting opportunity for builders, developers, and investors. Based on the current plans, no zoning relief or Site Plan Approval process is anticipated for the proposed development, given the number of units. The property may therefore be well positioned to proceed toward Building Permit submission, subject to final municipal review and approval. This is an outstanding opportunity to secure a property in Barrie's flourishing downtown core with strong future potential! (Buyers are advised to conduct their own due diligence and verify all zoning, development, servicing, and permit requirements with the municipality)
Sold data
Homes in Queen S Park took a median of 38 days to sell over the last 730 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $617,400.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 42% of sellers reduced their price before finding a buyer.
Based on 48 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Queen's Park) 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.
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