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Barrie,ON L4N 1W4
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,519 sqft
Price per Sqft $362
MLS Listing ID 40703337
Style 3 Storey
Bedrooms 11
Full Baths 3
Half Baths 3
Abv Grd Liv Area 5,519
Originating Board Barrie
Year Built 1882
Annual Tax Amount $9,460
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Detached
Property Description
ENDLESS POSSIBILITIES FOR LIVING, WORKING, & INVESTING! Perfectly positioned to capitalize on Barrie's growth, this versatile 5,500+ sq ft property is located near the waterfront, vibrant downtown, and the expanding Lakehead University STEM hub. Situated in a high-traffic area with excellent visibility and foot traffic, it offers investors exceptional income potential and unmatched versatility. The property's flexible layout includes expansive office spaces, meeting rooms, and reception areas, fully wired for network, phone, and Wi-Fi. These spaces can be tailored to suit the investor's needs, whether for apartments, residential living, commercial ventures such as a medi spa, or professional offices. It's a perfect opportunity to run your business out of the main building while generating rental income from the self-contained two-bedroom, two-bathroom suite and the stunning short-term rental suite. The renovated two-bedroom suite features modern finishes, a bright open-concept living/dining area, in-suite laundry and updated bathrooms. The short-term rental suite boasts a private balcony, a gourmet kitchen with rich wood cabinetry, granite countertops, a central island, stainless steel appliances, and stylish lighting. This suite also offers a spacious open-concept bedroom and loft area with vaulted ceilings, a fireplace, and a lavish bathroom presenting a soaking tub, walk-in shower, double vanity, and elegant chandelier. Recent updates include two newer A/C units, two furnaces, updated electrical systems, newer shingles, freshly painted interiors with soaring 11 ft ceilings, and a regraded, paved driveway with parking for 12 vehicles. Conveniently located near transit, parks, schools, and amenities, this property is ideally situated in a thriving area that attracts both residents and businesses. With extensive updates and endless possibilities for residential or commercial use, this rare investment opportunity is perfectly poised to deliver impressive returns.
Location
Province ON
County Simcoe County
Area Barrie
Zoning RM2
Direction Dunlop St W/High St
Rooms
Basement Partial,Unfinished
Main Level Bedrooms 4
Kitchen 2
Interior
Interior Features Built-In Appliances,In-law Capability
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplaces Number 2
Fireplace Yes
Appliance Water Softener,Range Hood
Laundry In-Suite,Multiple Locations,Upper Level
Exterior
Exterior Feature Balcony,Landscaped
Parking Features Asphalt,Mutual/Shared
Waterfront Description Lake/Pond
View Y/N true
View City
Roof Type Asphalt Shing
Porch Porch
Lot Frontage 76.37
Lot Depth 190.0
Garage No
Building
Lot Description Urban,Rectangular,Ample Parking,Arts Centre,City Lot,Highway Access,Library,Marina,Park,Public Transit,Schools,Shopping Nearby,Trails
Faces Dunlop St W/High St
Foundation Other
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 3 Storey
Structure Type Brick
New Construction No
Schools
Elementary Schools Hillcrest-Barrie P.S./St. John Vianney C.S.
High Schools Barrie North C.I/St. Peter'S Catholic S.S.
Others
Senior Community No
Tax ID 587980372
Ownership Freehold/None
Virtual Tour https://youtu.be/M6R8fMyXxLo