From realestate@wreils.com Fri Jun 23 14:00:38 2023 From: realestate@wreils.com To: ca-type-apartment-buildings@iciworld.global Subject: [Ca-type-apartment-buildings] Joint Venture, Site Plan approved in Barrie 2 Acre Mix Use 4 Stories with 78 Condo / Rental + 6 Retail Units, All Services to Lot $1,680,000 for 33% ownership. Date: Fri, 23 Jun 2023 14:00:31 +0000 Message-ID: <1939897397.1687528827883.JavaMail.tomcat@server.worldrealestatenetwork.com> MIME-Version: 1.0 Content-Type: multipart/mixed; boundary="===============7462700516584226736==" --===============7462700516584226736== Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable 416497
Message Number
statusActive
Subject LineJoint Ven= ture, Site Plan approved in Barrie 2 Acre Mix Use 4 Stories with 78 Condo / R= ental + 6 Retail Units, All Services to Lot $1,680,000 for 33% ownership.
Business area
Canada
Ontario
Northern Ontario
=
Barrie
Have/WantHave
Business categoryApar= tment buildings/multi unit/condo townhouse projects/investments
Date of ListingJune 2= 3 2023
Type Description2 Acr= e Mix Use, 4 Stories Condo Development Land
LocationBarrie
Price$1,680,000.00
Price CommentJoint Ve= nture
Building area80000
Site area2 Acres
ZoningC4-High Density= Mixed Use Residential & Commercial
Comments2 Acre 4- Sto= ries 85,000 Sq Ft with 78 Residential + 5 Retails units. We have the followin= gs,
1. Site Plan Approved.
2. Financial Cost Analysis Available showing Cost of $22 Million.
3. Feasibility Study Available, showing at 4.5 % Cap Rate value of $36 to= $38 Million
4. Existing Environmental Phase 2 with Record of Site Condition available
5. Joint Venture 33 % partnership.
6. Projected Net Gross Profit $16 Million, 33% Share =3D $5.33 Million Pr= ofit
We are in the business of developing land and bringing to the Market.
C4-High Density Mixed Use Residential & Commercial
Internet Linkshttps:/= /www.youtube.com/watch?v=3DnI44TKLpiZQ
Member Identifier3231=
Client DetailsBuilder= /Developer
Motivation Rating-- N= ONE --
Client Will-- NONE --=
ControlPartner
NameManjit Banwait
TitleBroker of Record=
Company NamePremier G= roup Realty Inc. Brokerage
Address Line One12 Ch= iavatti Drive
CityMarkham
State/ProvinceOntario=
Zip/Postal CodeL3R 1E= 2
CountryCanada
Business Phone Number= (416)879-5700
Cell Number416-283-16= 00
Home Number416-283-16= 00
FAX Number905-604-257= 2
Email AddressSend = Email
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