$1,974,000
Available - For Sale
Listing ID: S12314400
59 Mary Stre , Barrie, L4N 1T2, Simcoe
| Prime Downtown Barrie Investment Opportunity Mixed-Use Zoning with High Income Potential Nestled in the vibrant core of downtown Barrie, these two well-positioned semi-detached properties present a rare and lucrative investment opportunity. The building consists of four separate apartments, making it an ideal live-and-invest scenario where you can reside in one unit while the rental income from the others covers your mortgage. With strong demand for downtown housing, this setup ensures steady cash flow and long-term financial benefits .Adding even greater value is the property's commercial zoning (C2-1), which opens the door to a wide range of professional and retail uses. Whether you envision a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are vast. The prime downtown location guarantees high visibility and foot traffic, making it equally attractive for business owners and investors alike. Convenience is key, with easy access to shops, restaurants, transit, and Barrie's scenic waterfront. The property also boasts a highly desirable 10+ parking spaces a rarity in the downtown area enhancing its appeal to tenants and customers. Whether you're looking for a smart investment, a live-work arrangement, or a business expansion opportunity, this property delivers unmatched flexibility and profitability. Don't miss your chance to own a high-performing asset in one of Barrie's most dynamic neighborhoods. Schedule a viewing today! |
| Price | $1,974,000 |
| Taxes: | $5427.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 59 Mary Stre , Barrie, L4N 1T2, Simcoe |
| Postal Code: | L4N 1T2 |
| Province/State: | Simcoe |
| Legal Description: | PT LT 51 E/S MARY ST PL 115 BARRIE PT 1 |
| Directions/Cross Streets: | Mary St/ Dunlop St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 4000.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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| IPRO REALTY LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Barrie |
| Neighbourhood: | City Centre |
| Tax: | $5,427 |
| Fireplace: | N |
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