**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.- **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. (id:55598)
- MLS® S9039077
- Date Listed07/13/2024
- Days on Realty 61 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision City Centre
- Property Type Other
- Water Public
- Square Feet 1,208 sq. ft
- Price Per Sq. Ft $2980.13
Interior Features
- Cooling Partially Air Conditioned
- Heating Radiant Heat
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
97/100
Walker's Paradise
Walk Score ®
53/100
Good Transit
Transit Score ®
50/100
Bikable
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Some bike infrastructure.Transit Summary
21 nearby routes: 21 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 29/100, Bike Score: 31/100.
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Frequently Asked Questions for 31 BAYFIELD STREET
Source: Realty.com
31 BAYFIELD STREET, Barrie (City Centre), ON L4M3A6 is a Other, Commercial Sale property listed for $3,600,000 The property is 1208 sq. ft with - bedrooms and 0 bathrooms
The full address for this home is 31 BAYFIELD STREET, Barrie (City Centre), ON L4M3A6.
31 BAYFIELD STREET has been listed on Realty.com since Sat July 13, 2024
Daily errands do not require a car. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 29/100, Bike Score: 31/100.
Listing provided courtesy of:
IPRO REALTY LTD.
(tel: (416) 364-4776)
Listing agent:
MATTHEW METZLER
(tel: (416) 364-4776)
This content last refreshed on 2024-09-12 05:41:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 31 BAYFIELD STREET, Barrie (City Centre), ON L4M3A6 : MLS® S9039077