City Centre · L4N 3B5
$2,999,900
$405 / sq ft2 months on market
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Attention All Investors!!! A rare opportunity to acquire a fully renovated, stabilized investment property in one of Barrie's rapidly evolving downtown neighbourhoods. Unlike many income properties requiring significant capital investment or rent turnover, this asset has already undergone extensive improvements and is fully leased at market rents, offering immediate, reliable cash flow. Ideally situated just a two-minute walk from the waterfront, GO Train Station, and an abundance of downtown amenities, the property is well-positioned for long-term appreciation and strong tenant demand.The mixed-use building features eight residential apartments and two commercial units. One of the commercial spaces presents an excellent opportunity for an owner-occupier to operate their business on the ground floor while maintaining a convenient on-site presence to oversee the property. Each residential unit is equipped with its own wall-mounted heat pump for efficient heating and cooling, with baseboard heating as supplemental heat. All units are separately metered, with tenants responsible for their own hydro and water, helping to minimize operating expenses and simplify property management. An updated rent roll, current lease information, and additional documentations are available in the attachments for qualified buyers' review. Book your private showing today!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 88% of comparable multi-unit / investment listings in Barrie are asking less.
Based on 8 comparable active multi-unit / investment listings in Barrie. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REAL BROKER ONTARIO LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.