53 Coulter Street

• RA2 Zoning allows for High Density Residential development.
• Close to Hwy 400 / Bayfield Street interchange.
• Surrounded by many different amenities including shopping, schools, grocery and restaurants.
• Seller will consider VTB with reasonable terms.

Property Description

Squarefoot.ca Inc. Commercial Group is pleased to offer for sale of 1.569 acres along Coulter Street in Barrie, within Simcoe County. The Property is ideally situated within the established and ongoing intensification of the Bayfield Street corridor, which has been significantly developed. The subject site is one of the last remaining High-Density zoned development sites within the urban boundary of north Barrie. The size, configuration and location of the Property provides an exceptional and scalable development opportunity as it is strategically located within of the main shopping corridor and a block from Hwy 400, providing an exciting opportunity to develop a transit-oriented community. The site is designated Medium-Density and within a Strategic Growth Area as per the City of Barrie Official Plan, as approved in 2023. Policies for the site speak to a Medium Density Development, which is intended to facilitate an increase of densities and built form in the city. Development on lands designated Medium Density, such as the Coulter site, encourages mixed-use, although not required, and shall be in the range of 125.0 to 300.0 units per hectare, a minimum of six storeys and a maximum of 12-storeys. In addition, as a site part of a Strategic Growth Areas, it is intended that any proposed development will be part of or planned to become complete communities and shall accommodate higher levels of intensification, tall buildings, higher densities, and will be planned to evolve as distinct places of major activity around planned transit facilities, primary gateways into the City, and existing regional shopping destinations. Barrie has witnessed an increase in development activity in recent years, highlighting both market demand and the need for more housing options and commercial/retail development. As such, the offering provides a significant opportunity for a Buyer to capitalize on the growth and momentum of the area. On the west side of the site lies the Canadian Tire Store. In addition, Bayfield Mall, Kozlov Centre and Georgian Mall are also in close proximity of the Property providing all necessary amenities, such retail stores and restaurants, an abundance of services for future residents and workers of the Site.