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.
<html><head><style> BODY { BACKGROUND-COLOR: white; COLOR: #333365; FONT-FAMILY: Verdana, Arial, Helvetica; FONT-SIZE: 9pt; } H2 { COLOR: #cc9900; FONT-SIZE: 12pt; FONT-WEIGHT: normal; } TH { COLOR: darkslategray; BACKGROUND-COLOR: #eeeeee; FONT-SIZE: 9pt; TEXT-ALIGN: center; } TH.dispLabel{ BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: right; } TD.dispData { BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: left; } TD.number { TEXT-ALIGN: right; PADDING-RIGHT: 10px; } </style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>416497</td> </tr> <tr><th class='dispLabel'>status</th><td class='dispData'>Active</td> </tr> <tr><th class='dispLabel'>Subject Line</th><td class='dispData'>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.</td> </tr> <tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Northern Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Barrie</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td> </tr> <tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td> </tr> <tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td> </tr> <tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>June 23 2023</td> </tr> <tr><th class='dispLabel'>Type Description</th><td class='dispData'>2 Acre Mix Use, 4 Stories Condo Development Land</td> </tr> <tr><th class='dispLabel'>Location</th><td class='dispData'>Barrie</td> </tr> <tr><th class='dispLabel'>Price</th><td class='dispData'>$1,680,000.00</td> </tr> <tr><th class='dispLabel'>Price Comment</th><td class='dispData'>Joint Venture</td> </tr> <tr><th class='dispLabel'>Building area</th><td class='dispData'>80000</td> </tr> <tr><th class='dispLabel'>Site area</th><td class='dispData'>2 Acres</td> </tr> <tr><th class='dispLabel'>Zoning</th><td class='dispData'>C4-High Density Mixed Use Residential & Commercial</td> </tr> <tr><th class='dispLabel'>Comments</th><td class='dispData'>2 Acre 4- Stories 85,000 Sq Ft with 78 Residential + 5 Retails units. We have the followings, <br>1. Site Plan Approved. <br>2. Financial Cost Analysis Available showing Cost of $22 Million. <br>3. Feasibility Study Available, showing at 4.5 % Cap Rate value of $36 to $38 Million <br>4. Existing Environmental Phase 2 with Record of Site Condition available <br>5. Joint Venture 33 % partnership. <br>6. Projected Net Gross Profit $16 Million, 33% Share = $5.33 Million Profit <br>We are in the business of developing land and bringing to the Market. <br>C4-High Density Mixed Use Residential & Commercial <br></td> </tr> <tr><th class='dispLabel'>Internet Links</th><td class='dispData'>https://www.youtube.com/watch?v=nI44TKLpiZQ</td> </tr> <tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>3231</td> </tr> <tr><th class='dispLabel'>Client Details</th><td class='dispData'>Builder/Developer</td> </tr> <tr><th class='dispLabel'>Motivation Rating</th><td class='dispData'>-- NONE --</td> </tr> <tr><th class='dispLabel'>Client Will</th><td class='dispData'>-- NONE --</td> </tr> <tr><th class='dispLabel'>Control</th><td class='dispData'>Partner</td> </tr> <tr><th class='dispLabel'>Name</th><td class='dispData'>Manjit Banwait</td> </tr> <tr><th class='dispLabel'>Title</th><td class='dispData'>Broker of Record</td> </tr> <tr><th class='dispLabel'>Company Name</th><td class='dispData'>Premier Group Realty Inc. Brokerage</td> </tr> <tr><th class='dispLabel'>Address Line One</th><td class='dispData'>12 Chiavatti Drive</td> </tr> <tr><th class='dispLabel'>City</th><td class='dispData'>Markham</td> </tr> <tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td> </tr> <tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>L3R 1E2</td> </tr> <tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td> </tr> <tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(416)879-5700</td> </tr> <tr><th class='dispLabel'>Cell Number</th><td class='dispData'>416-283-1600</td> </tr> <tr><th class='dispLabel'>Home Number</th><td class='dispData'>416-283-1600</td> </tr> <tr><th class='dispLabel'>FAX Number</th><td class='dispData'>905-604-2572</td> </tr> <tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=3231&msgnum=416497'>Send Email</a></td> </tr> <tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='http://www.pgrealty.ca' target='_blank'>Home Page</a></td> </tr> </table><p><a href="https://iciworld.com/for-the-public/">For The Public.</a></p> <p><a href="https://iciworld.com/for-members/">For Real Estate Brokers and Salespeople.</a></p> <p>Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. 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