18 Mulcaster Street, 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 $849,900 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 0 Bathrooms
- Premium 32.83 x 65.72 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime Downtown Barrie Mixed-Use Investment Opportunity! Exceptional opportunity to own a landmark commercial property in the heart of Downtown Barrie, just steps to Kempenfelt Bay, boutique shopping, restaurants, entertainment, and the city's vibrant waterfront. This well-maintained mixed-use building offers excellent investment potential with multiple income opportunities.The main floor features approximately 1,848 sq. ft. of commercial space, home to a long-established and successful Italian restaurant, benefiting from outstanding street exposure and consistent pedestrian traffic. The lower level offers approximately 1,344 sq. ft. of storage space and public washrooms, providing valuable support for the commercial operation. The second floor consists of a spacious 1,344 sq. ft., owner-occupied two-bedroom apartment, ideal for owner occupancy or additional rental income.Situated on the west side of Mulcaster Street and zoned C1-1 Commercial, the property permits a wide range of commercial, retail, office, service, and mixed-use uses. Located in one of Barrie's most desirable downtown locations, this property is surrounded by year-round events, waterfront trails, marinas, restaurants, and shopping, with convenient access to Highway 400 and GO Transit. A rare opportunity to acquire a high-profile mixed-use property in Barrie's thriving downtown core.
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Pricing & Value Insights
Data-driven valuation for 18 Mulcaster Street, Barrie, ON L4M 3M1
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About Purchasing a Home in Barrie, ON
For a property listed at $849,900 in Barrie, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.
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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.