This Way Home
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Holly

791 Essa Road, Barrie, ON L4N 9G5

$1,690,000

Beds

5

Baths

3

Type

Freehold

About this home

***DEVELOPMENT OPPORTUNITY*** Excellent Opportunity for all Investors & Builders to build 8 Freehold Townhomes on this Lot in the Sought After Southwest End Of Barrie close to Schools, Parks, Plazas, Shopping, Public Transit, Highway. This property is an excellent cash flow opportunity while the Building Permit is processed. No Site Plan Approval required from City !!! Shovel Ready in quick time. Currently tenanted at $4800 per month. Situated On A 75 x 200 Feet Corner Lot, With A Double Car Garage, Back Entrance And Two Separate Private Driveways. Concept Elevation Renderings & Architectural Floor Plans created. Survey Available. Take advantage of 50% Development Charges reduction and 100% HST rebate from the government. ideal for builders to complete a quick turnaround project.

Interior

  • · Accessory Apartment
  • · Auto Garage Door Remote
  • · Built-In Oven
  • · In-Law Capability
  • · In-Law Suite

Heating

  • · Forced Air

Cooling

  • · Central Air

Parking

  • · Available
  • · Private

Basement

  • · Finished with Walk-Out

What it could cost monthly

Estimated monthly

$7,739

Principal & interest, per month

Mortgage amount
$1,352,000
Down payment
$338,000
Total interest paid
$969,737

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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