Address
71-73 Mary Street Barrie, ON
Price
$ 1,389,000
Property Attributes
  • MLS#40025308
  • TypeMulti-Family
  • CityBarrie
  • AreaBarrie
  • NeighbourhoodBA06 - Lakeshore
  • Postal CodeL4N 1T2
  • StyleMulti-5 Unit
  • Price$ 1,389,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5156
Listing Provided Courtesy Of:
Maven Commercial Real Estate Brokerage
Property Description

Multi-family Income property located in Downtown Barrie offers several opportunities! One side of the building is a 3 storey, 3 unit residential property, with two one-bedroom apartments, and one studio apartment. The other side is currently laid out with a ground floor renovated 1,100SF office, with the 2 floors above it set up as a 5 bdrm apartment. Although the property is zoned C2-1, it has been continuously used as residential from the beginning, so you have the flexibility to finish off the one side to be 3 separate apartments, bringing the total units to 6, or change the use on one or both sides to commercial if that’s what you need. See floorplans for details. Asking price represents a 4.87% cap rate.

Price History
10/2/2020 Listed $1,389,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in L4N 1T2

Price
AVG $1.39M
$1.39M
Visits
AVG 4
7

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