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49* Collier Street

49* Collier Street

Barrie, ON

  • 0.63 sqft
  • Land
  • 302 days on market
$6,900,000Price reduced 9%

*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.

Listing Details

Taxes (2025)
$12,903
Originally Listed
$7,600,000
Listed
November 6, 2025

Price History

Property

Lot Size
134 x 224.5 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Owen St
Zoning
(C1-2)(SP-664)(H-159)**
Parcel Number
588170112
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Residential

Community

Postal area L4M

Population
46,902
Private dwellings
19,372
Median age
38
Average household size
2.5
Median household income
$87,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Barrie · last 12 months

Median sold price
$655,000
Homes sold
1,945
Median days on market
26
Sale-to-list price
97.4%

Based on 1,945 recorded sales of commercial properties in Barrie over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$12,903

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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