883 Mapleview Drive Barrie, Ontario

Exceptional 74.76-acre residential development opportunity in South Barrie's rapidly growing Hewitt's Secondary Plan area. 883 Mapleview Drive East offers a large-scale, Draft Plan Approved residential development site with an approved concept of up to 658 lots, including a mix of townhomes and detached residential product. Strategically located adjacent to Maple Ridge Secondary School and surrounded by significant existing and planned residential development, with convenient access to Hwy 400, Barrie South GO Station, public transit, shopping, schools and other amenities. The property represents a rare opportunity for a major builder/developer to acquire significant scale within one of Barrie's primary residential growth corridors, with substantial planning work already completed. Recent City of Barrie initiatives reducing residential development charges by 50% may provide significant additional benefit to future development, subject to eligibility and confirmation through consultation with the City. Existing planning and property documentation is available for review. Excellent opportunity for builders, developers, land investors or development partnerships. Buyers are to rely on their own judgment and interpretation of the applicable zoning, Official Plan designations, Draft Plan Approval, servicing, development charges, conditions of approval and other development-related matters, having regard to their own intended use and development plans for the property. Seller may consider VTB for strong qualified Buyers. Current zoning is R5; NL2 & GS in new Zoning by-law. (id:4555)