29-35 Sperling Drive, Barrie, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Alliance. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $15,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 27 x 137.5 ft lot size
Description
Waived Development Charges! 3.59-Acre High-Rise Re-Development Site Available In North Barrie. Site Specific Incentive Provides For All Applicable Municipal Development Charges To Be Waived In An Amount Not To Exceed The Net Purchase Price Of The Properties For A Period Of Not More Than Two (2) Years From The Date The Properties Transfer. Two Parcels Zoned 'Residential Apartment Dwelling Second Density-2' ((RA2-2)(SP-664)(H-168)). 70,703.70 Sq. M. / 761,047.80 Sq. Ft. Maximum Gross Floor Area - (GFA): 499%. Maximum Lot Coverage: 52%. Maximum Building Height: 91.5 Metres. Existing Renderings Provide For 3-Towers, 30-Storeys Each. Close Proximity To Royal Victoria Hospital, Georgian College, Multiple Primary And Secondary Schools As Well As Retail And Hwy 400.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 29-35 Sperling Drive, Barrie, ON L4M 6K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $15,000,000 in Barrie, the legal minimum down payment is $3,000,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $361,475 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $361,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.