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‘Strong’ real estate sales market leads to double-digit home price percentage increases, Barrie realtors say

Sep 24, 2021 , , , , by shlf

Looking to sell? There may be a great return on investment coming your way.

The Barrie and District Association of Realtors has released its latest monthly statistics report, which shows “strong” growth in both year-to-date and year-over-year sales numbers across the region.

There were 471 residential units sold in Simcoe County, excluding Barrie, in November; an increase of 25.3 per cent compared to the same month in 2019. The average price of units sold was $672,748 — up 26.4 per cent year-over-year.

Within the city, 240 homes were sold, a 17.6 per cent jump from Nov. 2019 numbers. Meanwhile, the average sale price was $588,265, up 21.6 per cent from the same month last year.

Also of note, 34 apartment and condo units were sold in Barrie in November, a 10.5 per cent dip from 2019. However, the average price climbed 27.9 per cent to $429,242.

“Nov. 2020 information is in, and residential property sales showed that year-over-year sales and average price of units sold continued strong across most regions, with properties outside of Barrie showing stronger growth,” the association said in a statement. “The real estate market begins to slow down this time of year.”

Year-to-date, 5,858 residential units have been sold across the county, excluding Barrie — a jump of 22.3 per cent over the first 11 months of 2019. The average price rose 18.6 per cent, comparatively, to $608,628.

The city saw 2,808 units sold from January to November this year, a 27.4 per cent increase over the same period in 2019. The average sales price was $561,482, up 14.1 per cent over last year’s numbers.

Year-to-date data also showed double-digit price increases in Innisfil and Orillia. There were 628 homes sold in Innisfil, a 13.4 per cent dip from 2019. But the average residential unit sold for $602,762, a 16.5 per cent increase over Jan. 2019 to Nov. 2019.

Meanwhile, 652 residential units were sold in Orillia — 21.4 per cent more than the first 11 months of 2019. The average price also jumped from 11.7 per cent to $468,521.

The association represents more than 1,100 realtors throughout the region.

For more information, visit .

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‘Remember and commemorate’: Remembrance Day on your own in Barrie

Jul 29, 2021 , , , , by shlf

The poppy campaign chairperson Fern Taillefer already has a Remembrance Day guest list.

This year’s ceremony will be a small, private affair, but Taillefer encourages people to mark the day in their own way.

“The actual venue for the parade will be the Legion, upstairs,” Taillefer said. He isn’t inviting Second World War veterans, for safety reasons.

“The silver cross mother, (Beth) McKay and (Fred) McKay will be there.”

It has been a decade since their 24-year-old son Kevin was .

They will lay a wreath during the service, which will be televised on Rogers TV.

And a few wreaths will be left at the Barrie Cenotaph for the public.

“They will be there for two days, so people can remember and commemorate, and leave a poppy if they want.”

Poppies will be on sale later this month, but boxes will be on a table, with sanitized tongs for people to pick their own.

Poppy face masks are also on sale for $10 each at the Legion.

Taillefer knows the poppy revenue will be down from the $120,000 raised last year, but he’s hoping to reach $100,000.

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‘Largest development in the city’s history’: Four-tower SmartCentres project on Barrie’s waterfront clears major hurdle

Jun 25, 2021 , , , , by shlf

A proposal that would reshape the City of Barrie’s waterfront skyline is about to take a giant leap toward reality.

On Nov. 30, the municipality’s planning committee approved zoning bylaw and official plan amendments for a large mixed-use project on the 3.5-hectare lot at . SmartCentres has pitched four buildings ranging in height from 25 to 46 storeys.

This decision needs to be ratified by council next week. However, approvals of this nature are generally seen as a significant step on the long road to construction.

“The approval of the applications would permit the future development of four towers for residential rental apartments, a hotel, ground floor commercial uses, a parking garage, open space and preservation of environmental lands,” development services director Michelle Banfield said in a report. “Although there are no formally recognized affordable units identified for this site, this project may assist with overall affordability of rental housing by adding a substantial number of units to the available market.”

This project would generate about $4.56 million in building permit application and $9.64 million in cash-in-lieu of parkland fees for the city.

About 1,700 residential units, 3,500 square metres of ground-floor commercial space and 145 hotel rooms would be built. Public corridors would also link to existing natural features, such as the Bunker’s Creek eco-park and Kempenfelt Bay.

This site is between Bradford and Lakeshore Drive, near the city’s waterfront.

“I recognize not everyone is happy with the proposal,” Coun. Keenan Aylwin said, noting the city has to meet provincially-mandated growth targets. “Change is difficult. The reality is Barrie is changing and growing whether we like it or not. A substantial amount of that growth will be taking place in our downtown and waterfront.”

Residents have, in the past, expressed a number of concerns with the proposal, including building height and density, shadowing, light pollution, soil stability and increased traffic in the area.

“While the height is significant in terms of existing development, staff do not consider the height requested by this proposal to be out of character in an urban centre,” Banfield said.

Some Barrie councillors had hoped there would be interest from SmartCentres in , as a potential alternative to the proposed $50-million reconstruction of the nearby W.A. Fisher auditorium into a large theatre and event facility.

However, that thought was shot down earlier this month.

“A full-sized conference centre’s not in the cards for SmartCentres, both for parking and development reasons,” Mayor Jeff Lehman said two weeks ago.

The property was once owned by , which also had control of the nearby Collier Centre. Fortress bought the Harmony Village land in November 2016. Initial plans had included six residential towers, townhouses and ground-floor retail.

However, Fortress ran into legal issues in recent years, mostly related to its syndicated mortgage investors.

“This is the largest development in the city’s history,” Lehman said Monday night. “There is a significant portion of our population who have real concerns with this height. This may not be popular; that may not necessarily make it wrong.”