Log In/Sign Up
Your email has been sent.
59 Mary St 59 Mary St 4 Unit Apartment Building $1,974,000 CAD ($493,500 CAD/Unit) 4.31% Cap Rate Barrie, ON L4N 1T2



INVESTMENT HIGHLIGHTS
- Renovated Interior
- Prime Location
EXECUTIVE SUMMARY
Prime Downtown Barrie Investment Opportunity – Must Sell!
Discover a rare gem nestled in the heart of downtown Barrie, offering an exceptional investment opportunity. This fully upgraded building is ideally situated close to all amenities, including the newly constructed Debut condos, ensuring convenience and desirability for tenants.
Property Highlights:
4 Spacious Apartments: Perfect for long-term rental income or multi-family use.
10+ Parking Spaces: Ample parking for tenants and guests, a highly sought-after feature in the downtown core.
Prime Location: Steps away from shopping, dining, entertainment, and public transit.
Fully Upgraded: Modern updates throughout, ensuring low maintenance and immediate rental potential.
Motivated Seller: This property is a MUST SELL as the seller is relocating out of the country. Don’t miss this chance to secure a prime downtown asset at a competitive price.
Act now—this opportunity won’t last long! Contact us today to schedule a viewing or for more information.
Discover a rare gem nestled in the heart of downtown Barrie, offering an exceptional investment opportunity. This fully upgraded building is ideally situated close to all amenities, including the newly constructed Debut condos, ensuring convenience and desirability for tenants.
Property Highlights:
4 Spacious Apartments: Perfect for long-term rental income or multi-family use.
10+ Parking Spaces: Ample parking for tenants and guests, a highly sought-after feature in the downtown core.
Prime Location: Steps away from shopping, dining, entertainment, and public transit.
Fully Upgraded: Modern updates throughout, ensuring low maintenance and immediate rental potential.
Motivated Seller: This property is a MUST SELL as the seller is relocating out of the country. Don’t miss this chance to secure a prime downtown asset at a competitive price.
Act now—this opportunity won’t last long! Contact us today to schedule a viewing or for more information.
PROPERTY FACTS
| Price | $1,974,000 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $493,500 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.31% | Building Size | 3,600 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2023 |
| Property Subtype | Apartment | Parking Ratio | 2.78/1,000 SF |
| Zoning | C2-1 - Transition Centre Commercia (MIXED USE (INCLUDING RESIDENTIAL) | ||
| Price | $1,974,000 CAD |
| Price Per Unit | $493,500 CAD |
| Sale Type | Investment |
| Cap Rate | 4.31% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2023 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | C2-1 - Transition Centre Commercia (MIXED USE (INCLUDING RESIDENTIAL) |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Business Center
- Fenced Lot
- Breakfast/Coffee Concierge
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 8+4.5 | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
iCloud Realty Ltd.
59 Mary St | 59 Mary St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
