Investing In Barrie Real Estate


Why Invest in the City of Barrie?

According to the Government of Canada website:

Barrie is an easy commute to the Greater Toronto Area. Barrie is the second fastest-growing urban area in Canada, with an annual growth rate of 4.9%. Under the banner “Barrie means business”, the city is fast-tracking development of the infrastructure and services that companies look for when scouting a new location, all the while preserving its appeal as a small historic town on the shores of Lake Simcoe, a popular cottage destination.

KeyAdvantages of Why Investing In Barrie is a GOOD Idea!

  • Ranks higher than most Ontario cities including in terms of cost competitiveness
  • Growing industries include traditional manufacturing of packaging, metal processing and plastics, industrial automation, electronics and electrical equipment sectors and an emerging industry in geo-synthetic biosciences
  • Advantage of being located a days trucking distance to more than 60% of Canadian market, less than 1 hour drive from Pearson International Airport
  • Over 6.2 million people live within a 160 km radius
  • 40 minutes away from the Industrial Research and Development Institute Facility, one of the largest and most flexible private industrial engineering R&D facilities in the world
  • “One of the most balanced municipal tax systems” (Canadian Federation of Independent Businesses)
  • Fibre optic telecommunications infrastructure
  • Over 1,000 acres of industrial land
  • Barrie Molson Centre
  • Go Train - TWO Commuter Hubs - South GO and Allandale/Waterfront
  • RVH (Royal Victoria Hospital) and Cancer Centre
  • Ranked by Don R. Campbell, Senior Research Analyst and his team at Real Estate Investment Network (REIN) as one of the top 10 places in Ontario to invest in.

 

The City of Barrie is making it's mandate and all about becoming ‘future ready’ — helping the City thrive as the heart of Simcoe County and as its only designated urban growth centre. It’s about moving forward and upward, and realizing Barrie’s inherent potential — both today and tomorrow.

Building Barrie is also the umbrella name for a collection of planning and implementation initiatives designed to position the City for future success and to capitalize on coming growth. More specifically, it includes the following inter-related plans, strategies and technical studies:

  • The Growth Management Strategy
  • Planning for the Annexed Lands
  • Intensification Policies & Urban Design

City of Orillia - Second Suites & Affordable Housing


Frequently Asked Questions regarding Second Suites and Accessory Buildings in Orillia

Q. Can I construct an apartment above my detached garage or boathouse?

A. Garages and boathouses are considered accessory structures. The City's Zoning By-law prohibits use of an accessory structure for human habitation.

Q. I would like to build an apartment in my single family house. What planning considerations should I be aware of?

A. The addition of a second dwelling unit is permitted provided the following conditions are satisfied:

  • The two units will be divided horizontally.
  • Each unit will have its own independent entrance.
  • The property is located in one of the following zone categories: HR, R1, R2, R3, or R4 Zone.

Consult with a Planner to identify the zoning requirements (minimum lot area, lot frontage, yard setbacks, parking requirements). Contact the Planning Division at 705-325-2622 for more information.

Consult with a Building Inspector to ensure the proposed apartment will meet the Building Code requirements. Contact the Building Division at 705-325-2630.

Consult with a Fire Prevention Officer to ensure the proposed apartment will meet the Fire Code requirements. Contact the Fire Department at 705-325-5201.

Q. I purchased a dwelling with an accessory apartment inside. Is this a legal duplex?

A. Submit a written request and payment of $85.00 for a building and zoning compliance review fee to determine whether or not the City recognizes the second dwelling unit as legal. If the City has no evidence of a legal second dwelling unit, then it is the responsibility of the property owner to have the second unit legalized. Consult with a Planner to discuss options for legalizing the second unit. Contact the Planning Division at 705-325-2622.

Q. My new project doesn't seem to fit within the zoning requirements. What can I do?

A. If you feel you cannot modify your project to fully comply with the relevant Zoning By-law provisions, and you feel the contravention is minor thus causing you "undue hardship", an application can be made to the Committee of Adjustment. The Committee of Adjustment has the power to grant a Minor Variance (or permission) for your project.  For additional information on the Committee of Adjustment and applicableplanning fees, contact the Planning Division at 705-325-2622.

Q. What are the cost, timing and process for a minor variance, rezoning or Official Plan amendment?

A. The application form lists the fees for various applications. The timing of the process is directly related to the complexity of the application. Minor variances can be dealt with the most quickly, usually two months. Severances have a similar timeframe. A Rezoning or Official Plan Amendment application can usually be completed within a four- to six-month period. Once a decision is final, the timing for completing any agreements or satisfying any conditions of approval is in the hands of the applicant.

 

Affordable Housing Action Plan

The City of Orillia has an Affordable Housing Action Plan. It was received by City Council in April 2010. The City's Affordable Housing Action Plan was prepared by SHS Consulting in 2010. A Summary Document of the full Affordable Housing Action Plan and aPowerPoint presentation summary have also been prepared.

The Affordable Housing Action Plan contains statistical data about Orillia's populationdemographics, household size, range of dwellings, and income.