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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

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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.

PROPERTY FACTS

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 - -
Walk Score®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35078921

  • Date on Market: 2025-03-10

  • Last Updated:

  • Address: 59 Mary St, Barrie, ON L4N 1T2

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