49* Collier Street, Barrie, ON L4M 1G7, Barrie, ON
0.629 sqft
*Sale includes 47, 49, 51, 53, Collier St & 9, 23 Owen St. The Site is well-positioned at an intersection with multiple street frontages including Collier Street to the north, and Owen Street to the west, and a city-owned public lane-way to the south. The Property is located within the City of Barrie's popular downtown area just north of Dunlop Street East and just steps to Barrie's waterfront, Memorial Square and Heritage Park. The Site currently has a proposed Site Plan Application in its second submission for the development of a 34-storeymixed-use building, consisting of + 263,188 sq. ft. total proposed GFA, including + 8,542 sq. ft. of commercial at-grade. This development proposes 314 residential units. A Zoning By-Law Amendment was approved in September 2023 to rezone 49 Collier from Central Area Commercial-2 to Central Area Commercial-2 with Special Provisions' which facilitates the development of this mixed use building, therefore demonstrating the City of Barrie's support of development of this Site. The Site has previously received Site Plan Approval for the development of a 16-Storey Senior's Retirement Living Facility, giving this Site optionality for either development concept. There is further flexibility for the Prospective Purchaser to modify the development concept based on their requirements, scale back the proposed density, and/or to support rental conversion as desired. Overall, this Site provides an excellent opportunity to acquire a well-configured, well-located development Site with flexible built-out optionality, extensive background planning work and due diligence reports already completed.
Property Highlights
For Sale
MLS NO.
S12523042
Type
Commercial
Sub Type
Land
Square Footage
0.629 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
S12523042
Lot Width
134.0
Lot Size Units
Acres
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
49* Collier Street, Barrie, ON L4M 1G7
City
Barrie
Neighbourhood
City Centre
County / Region
Simcoe
Province / State
ON
Postal Code
L4M 1G7
Cross Street
Owen St
Directions
Intersection of Collier St to the north, Owen St to the west, a city-owned laneway to the south.
List Price
$7,600,000
Annual Taxes
$12,903
Tax Year
2025
Legal Description
See Schedule "A" for full list of PINs and Legal Descriptions. 7 parcels included in this sale.
Possession Type
Immediate
Possession Details
Immediate
Listing Office
CBRE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-07T18:52:47Z
Media Updated
2025-11-07T18:52:47Z
Photos Updated
2025-11-07T18:52:47Z
Last Modified
2025-11-10T14:42:03Z
System Modified
2025-11-10T14:42:03.539718Z
MLS Status
New
Co List Office Name
CBRE LIMITED
Ddfyn
No
Expiration Date
2026-02-27
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
588170112
Public Remarks
*Sale includes 47, 49, 51, 53, Collier St & 9, 23 Owen St. The Site is well-positioned at an intersection with multiple street frontages including Collier Street to the north, and Owen Street to the west, and a city-owned public lane-way to the south. The Property is located within the City of Barrie's popular downtown area just north of Dunlop Street East and just steps to Barrie's waterfront, Memorial Square and Heritage Park. The Site currently has a proposed Site Plan Application in its second submission for the development of a 34-storeymixed-use building, consisting of + 263,188 sq. ft. total proposed GFA, including + 8,542 sq. ft. of commercial at-grade. This development proposes 314 residential units. A Zoning By-Law Amendment was approved in September 2023 to rezone 49 Collier from Central Area Commercial-2 to Central Area Commercial-2 with Special Provisions' which facilitates the development of this mixed use building, therefore demonstrating the City of Barrie's support of development of this Site. The Site has previously received Site Plan Approval for the development of a 16-Storey Senior's Retirement Living Facility, giving this Site optionality for either development concept. There is further flexibility for the Prospective Purchaser to modify the development concept based on their requirements, scale back the proposed density, and/or to support rental conversion as desired. Overall, this Site provides an excellent opportunity to acquire a well-configured, well-located development Site with flexible built-out optionality, extensive background planning work and due diligence reports already completed.