41 Royal Parkside Drive

Lennard Commercial Realty (“the Advisor”) has been exclusively retained by the client (“the Vendor”) to facilitate the sale of 41 Royal Parkside Drive, Barrie, Ontario (the “Property”), a prime residential development opportunity comprised of approximately 2.20 acres. The Property was recently severed from the lands directly north, municipally known as the Bob Rumball Home for the Deaf, creating a rare infill development opportunity within an established and rapidly evolving residential neighbourhood.

Strategically positioned within a built-up urban area, the Property benefits from immediate proximity to existing residential communities, commercial amenities, schools, parks, public transit, and major transportation corridors, offering an exceptional opportunity for future residential intensification. The surrounding area continues to experience strong residential growth and investment activity, further enhancing the Property’s long-term development potential.

Multiple technical studies in support of the proposed redevelopment are either currently underway or have already been completed, significantly advancing the planning process. In addition, a clean Phase Two Environmental Site Assessment is in the Vendor’s possession and available for review by qualified parties.

The Vendor is currently advancing a Zoning By-Law Amendment application together with a Draft Plan of Subdivision application to permit the development of 41 freehold townhouse units on the Property. The applications propose to rezone the Property from Institutional (“I”) to Residential Multiple Dwelling Second Density (“RM2”), with approvals anticipated in October 2026.

Offering Process

The Advisors, on behalf of the Vendor, are soliciting investors, development and building firms for Agreements of Purchase and Sale for the subject property. Submissions shall be made on the Vendor’s Standard Form of Agreement of Purchase and Sale. Offers will be accepted on and after Wednesday October 23rd 2026. The offers will be responded to at the Vendor’s discretion. All offers to be submitted to Aran Pope and Brennan Shier.