$22,100,000
For sale: Vacant Land

Presenting 740 Essa Rd, a rare opportunity to acquire a strategically positioned development parcel within one of Barrie's fastest-growing corridors. Located just south of the intersection of Essa Rd & Mapleview Dr. W., the property offers exceptional exposure along a primary arterial route within a well-established and rapidly intensifying node. The surrounding area is characterized by a strong mix of institutional, commercial, employment, and residential uses, with immediate proximity to the future urban expansion lands identified in the Salem Secondary Plan. The site benefits from significant frontage on both Essa Rd & Dunn St, providing excellent visibility, access, and flexibility for site planning. Its configuration supports the potential for severance & a range of development outcomes. Comprised of approx 20.19AC of serviced land, with approx 19.22AC of net developable area after anticipated road dedication & easements. The scale & frontage offered are increasingly limited within the market. Designated "Community Hub" in the City of Barrie OP, and proposed for "Community Hub Neighbourhood" zoning, the property permits a broad range of uses, incl. institutional, office, healthcare, mixed-use commercial, & residential development. With direct access to Hwy 400 & connectivity to the GTA, Barrie continues to demonstrate strong population & economic growth. This land is a premier opportunity to secure a high-profile site within a market defined by long-term growth & investment demand. List price is based on $1.15M/AC). Offers to be reviewed upon receipt. The Vendor is seeking more than price alone & will consider the overall strength / credibility of each proposal. Purchasers are encouraged to incl. a submission package containing a CV, summary of prior projects, info demonstrating financial strength, ability to complete the transaction & an explanation outlining the basis upon which the offer value was determined.
Sold data
Homes in Barrie (400 West) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 508 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $659,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 508 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (400 West) 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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