59 Mary Street, Barrie, ON L4N 1T2

$1,950,000
8
BD
5
BA
3,500
SqFt

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List Price
$1,950,000
MLS#
S13037574
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
8
Bathrooms
5
Living Area
3500-5000
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
City Centre
Subdivision
Dunlop St W / Mary St

Property Description

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.

Additional Information

Taxes
$5,427
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick, Vinyl Siding
Garage Type
Other
Pool
None
Parking Spaces
10
Parking Type
Lane, Other

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Calculator source: Real Geeks

Listing courtesy of iCloud Realty Ltd..