Barrie Senior Living Site – Prime Retirement Housing Development Opportunity

Welcome to the Barrie Senior Living Site — a premier development opportunity in one of Ontario’s fastest-growing cities. Strategically located within Barrie’s Waterfront Growth Corridor, this ~2.19-acre parcel offers developers and investors the chance to bring a high-demand senior living project to market in a thriving, undersupplied sector.

Register below to secure your unit

  • Resale

  • Commercial
Last Update : 18 August 2025

Barrie Senior Living Site Overview

Welcome to the Barrie Senior Living Site — a premier development opportunity in one of Ontario’s fastest-growing cities. Strategically located within Barrie’s Waterfront Growth Corridor, this ~2.19-acre parcel offers developers and investors the chance to bring a high-demand senior living project to market in a thriving, undersupplied sector.

With municipal growth targets, strong demographic trends, and exceptional location advantages, this property is ideally positioned for a 250-unit retirement residence or similar senior-oriented housing model.


Property Highlights

  • Site Size: ~2.19 acres (~95,333 sq ft)

  • Zoning & Capacity: Potential for up to 250 units in mid-rise buildings (up to 15 storeys)

  • Buildable Area: Approx. 292,929 sq ft GFA

  • List Price: $6.9 M (~$23.50/sq ft buildable | ~$27K per door)

  • Projected Rent: ~$3,000/month per unit (plus optional à-la-carte services)


Strategic Location

The site is situated in the heart of Barrie’s future transit-oriented community, with unmatched connectivity:

  • 2 minutes to Barrie GO Station and waterfront promenade

  • Quick access to Highway 400 for regional travel

  • Nearby essential services including hospitals, pharmacies, and medical clinics

  • Walkable amenities such as cafés, restaurants, and recreational spaces


Why Barrie?

Barrie is one of Ontario’s fastest-growing urban centers, with significant investment in infrastructure and housing. For senior housing developers, the city offers:

  • Rapid demographic growth — residents aged 75+ in Simcoe County projected to grow ~47% by 2034

  • High market demand — few comparable senior communities exist locally

  • Strong affordability — average liquid assets for target demographic exceed $490,000

  • Premium real estate environment — nearby condo values range from ~$900 to $1,150 per sq ft


Development Potential

This property is tailor-made for a full-service rental retirement residence with optional meal plans, wellness programs, and personal care services. Flexible unit layouts (1- and 2-bedroom) can be customized to meet evolving market demand.

The site’s location within a designated growth area ensures continued appreciation potential and robust absorption rates.


Investment Case

  • Rare market gap for quality senior housing in Barrie

  • Scalable development for up to 250 suites

  • Attractive pricing relative to buildable square footage and per-door metrics

  • Favorable rent forecasts supported by demographic tailwinds


Confidential Offering

Detailed site plans, financial models, and market analysis are available upon execution of a Brokerage & Confidentiality Agreement.


Register Now

   

300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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