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Barrie Real Estate News W/Of Mar. 26

April 4, 2018 | By Scott Cooper

City Council gave final approval to rezone a handful of properties at the Five Points to construct a mixed-use, 20 storey building, which would go up at 14 Dunlop St. W., 40-43 Maple Ave., and 30-40 Bayfield St. This is the project we talked about last week from Advance Tech Developments, which would bring 208 residential units to the downtown core, nine of which would be provided at Affordable Rental rates. UNDERGROUND PARKING A GO Also at Monday’s meeting, Councillors gave the go-ahead to use city owned land underneath Sam Cancilla Park for an underground parking site, but only if a hotel-condo project is built next door Mulcaster and Dunlop streets. That project has yet to get final approval, but if that were to happen, the city of Barrie would retain ownership of the park, and lease the subsurface for the parking structure. Mayor Jeff Lehman noted that there was also a condition that the Gazebo remain. Read the minutes from the council meeting here http://ow.ly/lPEf30je8Ix HOUSING COULD BE THE BIGGEST ISSUE IN ONTARIO’S ELECTION As the Province prepares for a late spring election, research from OREA indicates Ontario homeowners and aspiring homeowners could well make housing a huge election issue. In a recent survey, a majority of them said if a provincial party promised to help homeowners improve their home's energy efficiency and make homeownership more affordable for young people, it would have the biggest positive impact on voting for that party. See the survey here http://ow.ly/MIyw30je8ED If you have a question about Barrie Real Estate, reach out anytime to hello@theonegroup.ca