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74 High Street

74 High Street

Barrie, ON

12,001 sqft • Investment • 148 days on market

$2,900,000

The offering presents the opportunity to acquire a 100 percent freehold interest in 74 High Street, Barrie, Ontario (the "Property" or the "Site"). The Property offers investors the rare opportunity to acquire a value-add multi-family character apartment building assets in the Allandale neighborhood. The Property consists of 20 apartment units with a stabilized net operating income of approximately $184,635 in Year One. The asset provides meaningful near-term revenue growth potential as current in-place rents trail market levels across the suite mix. The Property is also subject to an affordability agreement with the County of Simcoe, which includes a $532,000 Ministry loan and a 20-year affordability term. The asset entered its Phase-Out Period in 2023, during which vacant units may be re-leased at market rents, with full market reversion upon expiry of the agreement in 2028. 74 High Street Property Specific Details Lot Size: 12,001.75 ft Frontage: 67.92 ft Depth: 177.16 ft Taxes: $10760 (2025).

Listing Details

Taxes (2025)
$10,760
Listed
March 26, 2026

Price History

Property

Lot Size
66.3 x 177.16 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Park and High Street
Zoning
RM2
Possession
Immediate

Commercial

Business Type
Apts - 13 To 20 Units
Occupancy
Tenant

Community

Postal area L4N

Population
100,835
Private dwellings
37,801
Median age
39.6
Average household size
2.7
Median household income
$97,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Barrie · last 12 months

Median sold price
$655,500
Homes sold
1,956
Median days on market
26
Sale-to-list price
97.4%

Based on 1,956 recorded sales of commercial properties in Barrie over the last 12 months.

Listed by

CUSHMAN & WAKEFIELD

Location

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