ENDLESS POSSIBILITIES FOR LIVING, WORKING, & INVESTING! Perfectly positioned to capitalize on Barrie’s growth, this versatile 5,500+ sq ft property is located near the waterfront, vibrant downtown, and the expanding Lakehead University STEM hub. Situated in a high-traffic area with excellent visibility and foot traffic, it offers investors exceptional income potential and unmatched versatility. The property’s flexible layout includes expansive office spaces, meeting rooms, and reception areas, fully wired for network, phone, and Wi-Fi. These spaces can be tailored to suit the investor’s needs, whether for apartments, residential living, commercial ventures such as a medi spa, or professional offices. It’s a perfect opportunity to run your business out of the main building while generating rental income from the self-contained two-bedroom, two-bathroom suite and the stunning short-term rental suite. The renovated two-bedroom suite features modern finishes, a bright open-concept living/dining area, in-suite laundry and updated bathrooms. The short-term rental suite boasts a private balcony, a gourmet kitchen with rich wood cabinetry, granite countertops, a central island, stainless steel appliances, and stylish lighting. This suite also offers a spacious open-concept bedroom and loft area with vaulted ceilings, a fireplace, and a lavish bathroom presenting a soaking tub, walk-in shower, double vanity, and elegant chandelier. Recent updates include two newer A/C units, two furnaces, updated electrical systems, newer shingles, freshly painted interiors with soaring 11 ft ceilings, and a regraded, paved driveway with parking for 12 vehicles. Conveniently located near transit, parks, schools, and amenities, this property is ideally situated in a thriving area that attracts both residents and businesses. With extensive updates and endless possibilities for residential or commercial use, this rare investment opportunity is perfectly poised to deliver impressive returns.
Details
MLS #
40736857
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1882
Days On Site
45
Listing Provided By
RE/MAX Hallmark Peggy Hill Group Realty Brokerage | Peggy Hill
Features
SQ Feet
5,519
Basement
Y
Story(s)
3
Zoning
RM2
Acreage
0.34
Taxes
Property
9460
MLS Number: 40736857
Peggy Hill – (705) 739-4455 – peggy@peggyhill.com
RE/MAX Hallmark Peggy Hill Group Realty Brokerage – (705) 739-4455 – info@peggyhill.com
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MLS Number: 40736857
Peggy Hill – (705) 739-4455 – peggy@peggyhill.com
RE/MAX Hallmark Peggy Hill Group Realty Brokerage – (705) 739-4455 – info@peggyhill.com
