Great investment opportunity in the Bustling Barrie Core in a prime location steps to the GO! This fully occupied property is perfect for investors, business owners and developers alike with its potential for future condo projects. This updated property is zoned for both commercial and residential use, offering various development possibilities and an excellent work-from-home location. Conveniently situated near downtown amenities, this property includes a 3,240 sq ft retail storefront and a 660 sq ft live-in loft apartment on the third floor. The loft apartment has two bedrooms, three skylights, and rents for $1,700+. The house provides 3,900 sq ft above ground, with a full basement and a 400 sq ft garage offering loads of storage. Parking is available for 17 cars, with 2 spaces out front. The property has seen many upgrades, including a new gas furnace in 2019, a new roof in 2018, and a Unilock front walkway in 2017. A very well-kept property, with a lucrative cap rate, current owner has been here for 28 years and open to continuing business while new tenants are brought in, providing extra income for any buyer. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
63.25 x 154.58 ft
Listing Contract Date
2025-02-11
Location Description
Wellington /Bayfield
Ownership Type
Freehold
# of Parking Spaces
17
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Window Coverings
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Concrete
# of Half Bathrooms
2
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
4.71 m x 4.97 m
Bedroom 4
Second level
4.1 m x 5.1 m
Bedroom 3
Second level
4.1 m x 5.1 m
Bedroom 2
Second level
5.29 m x 3.98 m
Office
Main level
1.81 m x 1.87 m
Foyer
Main level
6.1 m x 3.39 m
Living room
Main level
4.1 m x 5 m
Sunroom
Main level
2.5 m x 6.42 m
Dining room
Main level
4 m x 3 m
Pantry
Main level
1.9 m x 1.25 m
Kitchen
Main level
3.82 m x 4.98 m
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
63.29 x 154.62 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
63.29 x 154.62 FT
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