$2,999,000 - 780 Essa Road, Barrie
Detached for Sale in Barrie
103 days on market- MLS Number
- S12532186
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Lot Size
- 1 sqft
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Attention Builders & Investors!!This exceptional 1.41-acre property is situated along the rapidly evolving Essa Road Intensification Corridor, one of Barrie's most dynamic areas for mixed-use, residential, and commercial redevelopment.Prime frontage on Essa Road, just south of Mapleview Drive, Neighbourhood Intensification (Medium Density)Current Zoning: LI - Light Industrial (per By-law 2009-141); future NI zoning supports low- to mid-rise mixed-use development Preliminary plans for an 8-storey mid-rise with approximately 175 units and 189 parking spaces, available for qualified buyers to review.Minutes to Hwy 400 & 27, major transit routes, schools, community centres, shopping outlets, and employment lands. Strong rental market and growing need for retail and commercial space along Essa RoadCurrent Use: Residential home with about 2,500 sq ft of living space (3 + 2 bedr, 4 bath 2 kitchens), ideal for income or interim use, Full Municipal Services On Street. Located within Barrie's designated Neighbourhood Intensification CorridorLarge rectangular lot offering versatile site design and high visibility Presents numerous investment opportunities as Barrie's southern expansion continued.This is a rare chance to acquire a vital parcel in Barrie's upcoming major growth zone.Whether you want to live in, lease or redevelop, the potential here is significant.Medium-density site in Barrie's Neighbourhood Intensification Corridor, prime investment with concept plans available.6-storey building is supported under the proposed new zoning by law.However, there is an opportunity to apply for a special provision that could allow for an 8-storey building through a Zoning By-law Amendment.Current proposal Vendor working on for 8-storey mid-rise building with 175 units, 189 parking spaces, and a gross floor area (GFA) of 13,265 square meters.
Estimate your monthly payments for this property
Estimated Payment
$13,265.59/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Barrie
Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Barrie
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
780 Essa Road, Barrie
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1500/sqft, this property is priced above the Barrie average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
Investment Perspective
Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.