$624,900
224 Foster Drive, Barrie, ON L4N 3X8
Painswick North
Painswick North · L4N 4G5
$529,999
$757 / sq ft1 weeks on market
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$624,900
Painswick North
Fantastic Opportunity to own a 65 x 206 lot in the prime location of Barrie's Painswick area, right near Yonge\Big Bay Pt Rd. Renovated 1 bedroom home + workshop/garage to rent as a holding income benefit while planning the future development of this lot. Barrie passed By-law 2024-043 permitting four dwelling units on residentially zoned lands (R1). The City's current ARU program provides standardized designs, and in 2026 Barrie is reducing ARU building-permit application fees by 50%, with full rebates available where qualifying units achieve occupancy within 12 months of permit issuance. HUGE potential with this lot, PLUS Barrie's zoning by-law already contains several site-specific intensification provisions/changes along Cox Mill Rd. Maintain the current structure (add on addition opportunity) to keep close proximity to the road, plus the ARU add on's. Exceptional Development & Income Opportunity.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 0% of comparable detached listings in Painswick North are asking less.
Based on 29 comparable active detached listings in Painswick North. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $529,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENGEL & VOLKERS TORONTO CENTRAL. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of ONE PERCENT REALTY LTD.
$625,000
Painswick North
Listing courtesy of RE/MAX HALLMARK CHAY REALTY
$549,999
Painswick North
Listing courtesy of FLAGSHIP REALTY INC.
$595,000
Painswick North
Listing courtesy of PROPERTY.CA INC.