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59 Mary Street Barrie (City Centre), Ontario L4N 1T2

8 Bedroom 5 Bathroom 3500 - 5000 sqft
None Forced Air

$1,950,000

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:63244)

Property Details

MLS® Number S13037574
Property Type Multi-family
Community Name City Centre
Features Lane, Carpet Free
Parking Space Total 10

Building

Bathroom Total 5
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Water Heater
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3500 - 5000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Other
No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft ,7 In
Size Frontage 57 Ft ,10 In
Size Irregular 57.9 X 132.6 Ft
Size Total Text 57.9 X 132.6 Ft
Zoning Description Residential / Commercial C2-1

https://www.realtor.ca/real-estate/29649090/59-mary-street-barrie-city-centre-city-centre

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