1063 Snow Valley Road

1063 Snow Valley Road is located in Springwater, adjacent to the busy commercial district on Bayfield Street in Barrie. A new municipal facility is being built across the road, including a Recreation Centre, Arena, Library, and Fire & EMS stations. There are existing mature neighbourhoods housing 12,135 residents within 5 km, and the property is located in the centre of the Midhurst Secondary Plan which has been approved for 20,000 new residents. The first of 9,000 new homes are being developed in a subdivision to the west on Snow Valley Road.

Rental Upside:

Below-market rents across all units +65 outdoor spaces.

Expansion Potential:

Approved area for additional storage pods.

4 Acres Undeveloped:

Significant value-add land.

Strong In-Place Income:

~$218K net income.