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59 MARY STREET, Barrie (City Centre) — listed at $1,950,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
Is 59 MARY STREET a good fit for a growing family?+
With 8 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What's the parking situation?+
This property includes 10 spaces — Other, No Garage.
What makes this a luxury property?+
At $1,950,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,427, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 8 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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