Gurvinder Nokwal REALTOR®
For Sale Fourplex 178 days on market

$1,950,000

Est. payment $8,634/moCalculate yours

59 Mary Street, Barrie, ON L4N 1T2

City Centre, Barrie, ON L4N 1T2

  • 8 Beds
  • 5 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of iCloud Realty Ltd. MLS® S13037574

About this home

Prime Downtown Barrie Investment Opportunity - Mixed-Use Zoning with Strong Income Potential Located in the heart of downtown Barrie, these two well-positioned semi-detached properties offer a rare and lucrative investment opportunity. The building features four separate apartments, making it an ideal live-in investment-occupy one unit while rental income from the others helps cover your mortgage. With high demand for downtown housing, this setup provides consistent cash flow and long-term financial rewards. Adding significant value is the property’s C2-1 commercial zoning, which opens the door to a wide variety of professional and retail uses. Whether you’re considering a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are extensive. The prime downtown location ensures excellent visibility and foot traffic, appealing equally to business owners and investors. Convenience is another standout feature, with easy access to shops, restaurants, transit, and Barrie’s scenic waterfront. The property also includes over 10 parking spaces-a rare find downtown-boosting its appeal to tenants and customers alike. Whether you’re seeking a smart investment, a live-work arrangement, or a business expansion opportunity, this property delivers unmatched flexibility and profitability. Don’t miss your chance to own a high-performing asset in one of Barrie’s most dynamic neighborhoods. Schedule a viewing today.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
8
Bathrooms
5
Kitchens
4
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
57.87 x 132.55 Feet
Parking
Other garage · 10 total
Zoning
Residential / Commercial C2-1

Financial

Property Taxes
$5,427 (2025)

Location

Neighbourhood
City Centre
Cross Street
Dunlop St W / Mary St
Direction Faces
West

Listing

MLS® Number
S13037574
Days on Market
178
Listed On
2026-04-23
Listed By
iCloud Realty Ltd.

Features

Interior

  • Carpet Free
  • Water Heater Owned

Pool

  • None
Rental items
None

Mortgage calculator

Minimum for this price: $390,000 (20%)

Amortization, years

Estimated mortgage payment

$8,634 per month

Principal and interest
$8,634
Property tax
$452
Estimated monthly cost
$9,086

Your mortgage

Mortgage amount
$1,560,000
Mortgage insurance
Not needed
Interest over 25 years
$1,030,253

Cash to close

Down payment
$390,000
Land transfer tax
$35,475
Total, before legal fees
$425,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

59 Mary Street, Barrie, ON L4N 1T2 City Centre, Barrie, ON L4N 1T2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,950,000 59 Mary Street, Barrie, ON L4N 1T2
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