Wellington · L4M 2H2
$314,900
1 weeks on market
Build your dream home or investment property on a 51 x 92 ft lot in the heart of Barrie! For those planning to build, Ontario's current Enhanced New Housing Rebate may provide eligible owner-builders with relief on the provincial portion of HST on qualifying new home construction, subject to eligibility and applicable timing requirements. This vacant lot currently zoned R2 offers exceptional potential. Situated in a charming, mature neighbourhood just minutes from Barrie's waterfront, downtown shops, restaurants, transit & more, this property combines urban convenience with residential appeal. Enjoy being within walking distance to schools, parks, transit, and all the amenities that make downtown Barrie so desirable. Whether you're looking to build a personal residence or an income property with a legal second suite, this is your chance. Quick access to Hwy 400, GO transit, Georgian College/Lakehead University Campus, Royal Victoria Regional Health Centre, and the gateway to cottage country. In Fall 2026, Lakehead University is set to launch their purpose-built, downtown campus space focused on engineering and computer science and will be a 20-minute walk or 5-minute drive from this property. Don't miss this opportunity! Buy land, they're not making any more of it! NOTE: As of April 2024, the City of Barrie permits up to four residential units per lot in residential zones, including R2 (Residential Second Density), subject to compliance with building regulations. Property owners can add up to three Additional Residential Units (ARUs) to existing single-detached, semi-detached, or townhouse properties.
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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 4% of comparable vacant land listings in Barrie are asking less.
Based on 28 comparable active vacant land listings in Barrie. 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 $314,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Planet Realty Inc. 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.