59 Mary Street, Barrie (City Centre), Ontario L4N1T2

Listing courtesy of iCloud Realty Ltd..

$1,950,000
8
BD
5
BA

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List Price
$1,950,000
MLS®
S13037574
Days on Market
94
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
5
Lot Size Dimensions
57.9 x 132.6 FT
Subdivision
City Centre

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. (id:5764)

Additional Information

Subdivision
City Centre
Parking Spaces
10
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Lane, Carpet Free
Stories
2

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Calculator source: Real Geeks