This office property in Barrie is for sale offering roughly 18,038 sq ft of space. It has been on the market 44 days, fresher than the Barrie average of 78 days.

Description

Excellent downtown Barrie C1-zoned office building offering strong in-place income and major high-rise intensification potential. Located directly across from Meridian Place and the waterfront, this property features an indoor luxury mall with steady tenants, elevator access, and exceptional future redevelopment upside (buyers to verify uses with the city). (id:66096)

Property Details

MLS®: S13811442
Property Type: Office
Zoning: C1
Interior Size: 18,038 ft²
Lot Size: 30 × 165 ft (4,868 sq ft)
Frontage: 30 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $64,577.95/yr
Listed: 44 days ago

Market Timing

Days on market

44d

Barrie (City Centre) listings, avg age

78d

Price / ft²

$272

List price

$4.90M

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This office in Barrie (City Centre) has been listed for 44 days, which is 34 days fresher than the city average of 78. Act while there is still low competition.

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Area context

Neighbourhood profile (L4M)

This home lists at $4,900,000, about 56.3× the local median household income of $87,000.

Carrying it typically needs a household income of about $957,142 (20% down, 25-yr amortization, stress-tested) — roughly 1000% above the area median.

Median household income: $87,000
Population: 46,902
Median age: 38
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L4M)

$4,900,000· $272/ft²

For sale

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50 Dunlop Street East, Barrie (City Centre) - Office for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4M)

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