423 Yonge Street, Barrie, ON L4N 4E1
$799,900
$799,900

423 Yonge Street

Painswick North, Barrie, Simcoe $799,900

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Studio
0 Baths
East Facing
Zoning: R1- Working to change Proposed NM1
MLS®#:
S13072250
Property Type:
Vacant Land
Property Style:
Area:
Simcoe
Community:
Painswick North
Taxes:
$1,995.8 / 2026
Added:
May 01 2026
Lot Frontage:
60
Lot Depth:
200
Status:
Active
Outside:
Year Built:
Basement:
Brokerage:
ROYAL HERITAGE REALTY LTD.
Lot :

200

60

BIG LOT

Intersection:
Yonge St & Little Ave
Rooms:
Bedrooms:
Studio
Bathrooms:
0
Fireplace:
Utilities
Water:
None
Cooling:
Heating Type:
Heating Fuel:

Listing Details

Land development opportunity located on an Intensification Corridor with proposed new zoning allowing for medium density development. Close proximity to other new developments currently under way and new 7 storey residential building in application approval process. **EXTRAS** Under the first draft of the new Zoning By-law, the subject site is designated NM1, which permits medium-density residential development. Potential for development of 16 townhouses.

Insights

  1. **Prime Development Opportunity**: The property is located on an Intensification Corridor with proposed new zoning that allows for medium-density residential development, making it an attractive option for investors looking to capitalize on future growth.
  2. **Strategic Location**: Situated in Barrie's Painswick North community, the property is in close proximity to other new developments and a 7-storey residential building currently in the application approval process, enhancing its potential value.
  3. **Potential for Multiple Units**: Under the new zoning by-law, the site is designated NM1, which permits the development of up to 16 townhouses, providing a significant opportunity for generating rental income or resale value.

Sale/Lease History of 423 Yonge Street

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Neighborhood Overview

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Painswick North home prices

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Insights for 423 Yonge Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)