$1,599,000 - 193 Blake Street, Barrie
Land for Sale in Barrie
Neighbourhood: North Shore
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- MLS Number
- S13798274
- Property Type
- Land
- Status
- active
- Days on Site
- 20
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- CENTURY 21 B.J. ROTH REALTY LTD.
Prime Development Opportunity | Five High-End Townhomes - An exceptional development opportunity in Barrie's highly sought-after East End and North Shore area, just steps from the shores of Lake Simcoe and offering views of Kempenfelt Bay. Approximately 0.259-acre vacant parcel is ideally positioned for a boutique residential development, with RM2-TH zoning and plans in place for five upscale townhomes. The site offers developers an opportunity to bring a thoughtfully designed project to one of Barrie's most established and desirable residential communities. Located within walking distance to beaches, parks, Royal Victoria Regional Health Centre (5 min drive), grocery stores, cycle and walking paths, Barrie Yacht Club, and more! A community centre conveniently located across the street, while Barrie's vibrant downtown core is just minutes away, offering an array of restaurants, local shops, farmers' market, waterfront amenities and more. With its established neighbourhood setting, proximity to Lake Simcoe and local amenities this property presents a rare opportunity to create a high-quality residential project in one of Barrie's most desirable areas. *Photos are approximate and for illustration purposes only*
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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 North Shore
North Shore 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 North Shore
- •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
North Shore 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.
193 Blake Street, Barrie
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Barrie planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Land Market Timeline
Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in Barrie.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Barrie's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.