83 Mary Street, Barrie, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey store w apt/office located in the coveted neighborhood of City Centre. Expertly crafted featuring premium metal/steel siding and brick construction, this residence presents an exceptional opportunity offered at $580,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 42 x 132 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Other
- equipped with central air, window unit(s) central cooling and highly efficient forced air heating via gas
Description
Great investment opportunity in downtown Barrie. Century home with character zoned C2-1 commercial. Main floor currently leased as a Hair Salon plus an upper 2 bedroom apartment. Rear parking for 6 vehicles, with ample metered parking on street. Steps to downtown Barrie. Upgrades include electrical, windows, furnace, roof shingles, soffits, eaves, fences, verandah, metal siding over brick walls, high intensity motion detection overhead lighting on front and back, etc. Solid building in good condition that shows very well. 24 hours notice needed for all showings. Buyer to satisfy themselves with municipal authorities as to intended use. Easy access to shopping, highway, library, GO train terminal, restaurants, banks and lake. Excellent chance to own a piece of one of the fastest growing cities. Don't miss this opportunity.
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Pricing & Value Insights
Data-driven valuation for 83 Mary Street, Barrie, ON L4N 1T2
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About Purchasing a Home in Barrie, ON
For a property listed at $580,000 in Barrie, the legal minimum down payment is $33,000 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 $8,075 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 $8,075.
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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.