54 Maple Avenue, Barrie, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of City Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $715,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 3 Bathrooms
- Premium 18.2 x 159.29 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Here's your chance to own, invest, or create a live/work space right in the heart of downtown Barrie. The main level offers approx. 1,100 sq. ft. of bright, open space ideal for retail, office, or restaurant use. With C1 zoning, the possibilities are endless. A full-height basement adds another 1,100 sq. ft. of BONUS space, complete with a 2-piece washroom, lunchroom, and room for future growth.The second floor features two residential units: a spacious one-bedroom apartment (approx. 620 sq. ft.) and a bachelor suite (approx. 480 sq. ft.), generating a combined gross income of $27,900/year. Located just steps from Kempenfelt Bay, City Hall, the financial district, Dunlop Street, MacLaren Art Centre, and a vibrant mix of restaurants, cafés, and professional services. Parking is never an issue with municipal lots, on-street parking, dedicated building spaces, and the Collier Street parkade all close by.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 54 Maple Avenue C & D, Barrie, ON L4N 1R8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $715,000 in Barrie, the legal minimum down payment is $46,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,775 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,775.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.