Header

 

logo

header

$3,300,000
Available - For Sale
Listing ID: S9039077
**Price Reduced** Prime Investment Opportunity: Iconic Income-Producing Property at 31 Bayfield Street, Barrie, ON** Seize the chance to own a landmark building in the heart of one of Canada's fastest-growing cities. This iconic property at 31 Bayfield Street, Barrie, ON, offers a unique blend of historical charm and modern income potential, making it a standout addition to any investment portfolio.**Key Features:** - **Stable Commercial Tenant:** Benefit from a reliable commercial tenant operating a thriving business, ensuring consistent income. - **Prime Residential Units:** The property boasts 28 residential units, situated in one of the county's most expensive rental markets, ensuring high demand and occupancy rates.- **Robust Income Stream:** With a gross annual income exceeding $329,000, this property promises substantial returns.- Net Income $229,317.67 **Historical Significance:** Built in 1876, this building was the first hotel in the Barrie area and remains one of the oldest hotels still standing in Canada. Despite its rich history, it is not deemed a historic property, offering flexibility for future development.- **Vendor Take Back Financing:** Attractive vendor take back financing options available for qualified buyers, making this an even more enticing investment.This property combines an exceptional location, impressive cash flow, and significant future growth potential. Whether you're a seasoned investor or looking to make a strategic addition to your portfolio, 31 Bayfield Street is a prime opportunity. Invest in a property that stands at the crossroads of history and modernity, in a city poised for continued expansion.
Price $3,300,000
Taxes: $27,335.59
Tax Type: Annual
Occupancy by: Tenant
Address: 31 Bayfield St , Barrie, L4M 3A6, Ontario
Postal Code: L4M 3A6
Province/State: Ontario
Legal Description: PT LT 62 S/S COLLIER ST PL 2 BARRIE AS I
Lot Size: 143.56 x 124.95 (Feet)
Directions/Cross Streets: Five Points Intersection
Zoning: C1-1
Category: Multi-Use
Building Percentage: Y
Total Area: 1,208
Total Area Code:  Sq Ft
Retail Area: 4038
Retail Area Code: Sq Ft
Financial Statement: Y
Gross Income/Sales: $329970
Operating Expenses: $108724
Net Income Before Debt: $221246
Expenses Actual/Estimated: $Act
Sprinklers: Y
Heat Type: Radiant
Central Air Conditioning: Part
Water: Municipal
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
IPRO REALTY LTD.

31 Bayfield St , Barrie, L4M 3A6, Ontario


 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial/Retail
Area: Simcoe
Municipality: Barrie
Neighbourhood: City Centre
Style:
Lot Size: 143.56 x 124.95(Feet)
Approximate Age:
Tax: $27,335.59
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->