Message Number392643
statusActive
Subject LineJoint Venture, Barrie (1 hr. to Toronto) 2 Acre Mix Use, 5 Stories 87 Condo Development Land, $3.9M, All Services on Site, Feasibility, Environmental available.
Business area
Canada
Ontario
Northern Ontario
Barrie
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Date of ListingSeptember 28 2020
Type Description2 Acre Mix Use, 5 Stories Condo Development Land
LocationBarrie
Price$1.30
Price Max$0.00
Price Commentfor 33% of the Share
Building area85000
ZoningC4-High Density Mixed Use Residential & Commercial
CommentsSeeking Joint Venture for the Project Price $3.9 Million. 33% Partner Ship= $1.3 Million
50% Partner Ship= $1,950,000
for 2 Acres Mixed Use Land, Purposed 5- Stories 85,000 Sq Ft with 82 Condos and 5 Retails units.
We have the followings,

1. Feasibility Study Available Showing comparison of $38 Million @ 4.25 Cap Rate

2. Finical Cost Analysis available Total construction and finished Cost of $20 Million.

3. City of Barrie Pre Con Comments Supporting the project

4. Existing Environmental Phase 2 available & Topography Survey

5. Present Rental income of $60,000 form Used Car Sale and Car Garage.
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Member Identifier3231
Client DetailsBuilder/Developer
Clients ObjectiveOpportunity
NameManjit Banwait
TitleBroker of Record
Company NamePremier Group Realty Inc. Brokerage
Address Line One12 Chiavatti Drive
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 1E2
CountryCanada
Business Phone Number(416)879-5700
Cell Number416-283-1600
Home Number416-283-1600
FAX Number905-604-2572
Email AddressSend Email
Home PageHome Page

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