$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
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
Estimated mortgage payment
$8,634 per month
- Principal and interest
- $8,634
- Property tax
- $452
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $425,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.