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Barrie (wellington),ON L4M3B4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $371
Subdivision Wellington
MLS Listing ID S9245070
Bedrooms 6
Half Baths 2
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Garage Yes
Community Features School Bus
Waterfront No
View Y/N No
Total Parking Spaces 17
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold