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$1,950,000

59 MARY STREET, Barrie, Ontario, L4N 1T2

MLS® # S13037766

Barrie ON, L4N 1T2

MLS® # S13037766

Property Information:

Prime Downtown Barrie Investment Opportunity - Mixed-Use Zoning with Strong Income Potential Located in the heart of downtown Barrie, these two well-positioned semi-detached properties offer a rare and lucrative investment opportunity. The building features four separate apartments, making it an ideal live-in investment-occupy one unit while rental income from the others helps cover your mortgage. With high demand for downtown housing, this setup provides consistent cash flow and long-term financial rewards. Adding significant value is the property's C2-1 commercial zoning, which opens the door to a wide variety of professional and retail uses. Whether you're considering a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are extensive. The prime downtown location ensures excellent visibility and foot traffic, appealing equally to business owners and investors. Convenience is another standout feature, with easy access to shops, restaurants, transit, and Barrie's scenic waterfront. The property also includes over 10 parking spaces-a rare find downtown-boosting its appeal to tenants and customers alike. Whether you're seeking 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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 3700 sqft
  • Heating Type: Forced air
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 3700 Square Feet
  • Irregular: Yes
  • Lot Depth: 132 Feet
  • Lot Frontage: 56 Feet
  • Lot Size: 56 x 132 FT
  • Zoning: C2-1

Courtesy of: iCloud Realty Ltd.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 59 MARY STREET, Barrie, Ontario, L4N 1T2

Demographic Information of 59 MARY STREET, Barrie, Ontario, L4N 1T2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,422.10

Average Number of Children

1.39

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.27 %

High school certificate or equivalent

35.19 %

Apprenticeship trade certificate/diploma

4.27 %

College/non-university certificate

25.17 %

University certificate (below bachelor)

2.46 %

University Degree

20.66 %

Commuter

Travel To Work

By Car

72.98 %

By Public Transit

9.78 %

By Walking

14.13 %

By Bicycle

0.0 %

By Other Methods

3.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

92.28 %

Houses

7.72 %

Own Vs. Rent