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19 Centre Street
homes for sale · Barrie · Allandale
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$1,300,000

19 Centre Street

Allandale, Barrie · MLS® S13737850

5412

House · Single Family · 52 days on market

listed by DYLAN JARVIS, KELLER WILLIAMS EXPERIENCE REALTY

realtor's description

Exceptional Allandale Investment Opportunity - Multi-Unit Property with Strong Income Potential. Welcome to 19 Centre Street, a unique and versatile income-producing property in the heart of Barrie's sought-after Allandale neighbourhood. Ideally positioned between Highway 400 and Barrie's beautiful waterfront, this property offers an incredible combination of residential income, commercial-style storage/workspace, and future flexibility. The property features multiple self-contained residential units, including a comfortable 3-bedroom main residence, plus two spacious 1-bedroom apartments. Each unit offers its own entrance, kitchen and laundry, providing privacy for tenants and an attractive setup for investors. Adding even more value is the impressive 2-bay warehouse/garage, complete with high ceilings, a 2-piece bathroom and dedicated office space. Whether used for storage, a home-based business, workshop or additional income potential, this expansive space provides flexibility rarely found in an in-town residential property. Outside, there is ample parking for residents, guests, vehicles and additional equipment. The property's location puts you close to the waterfront, downtown Barrie, shopping, restaurants, schools, transit and major commuter routes. Whether you're an investor looking to expand your portfolio, an owner-occupier wanting rental income to offset expenses, or someone seeking a property with multiple possibilities, 19 Centre Street presents an exceptional opportunity in a prime Barrie location. Live in one unit, generate income from the others, and make the most of the additional warehouse space - the possibilities are truly impressive.

property details

type
House, Single Family
bedrooms
5
bathrooms
4
parking
12
property tax
$7,962 / yr
days on market
52
MLS®
S13737850

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$6,328/mo
Mortgage $5,664 · Tax $664

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,664/ monthly
loan $1,040,000
25-year amortization
total interest
$659,193
cash to close
$260,000
down payment; transfer tax and fees not included
total paid
$1,699,193

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Allandale, BarrieGoogle Maps ↗

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listed by
DYLAN JARVIS
KELLER WILLIAMS EXPERIENCE REALTY
call DYLAN · 705-720-2200
Powered by: REALTOR.ca

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location

Allandale, BarrieGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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