
59 Mary Street
Barrie, ON
- 8 bed
- 5 bath
- approx. 3500-5000 sqft
- Fourplex
- 138 days on market
Prime Downtown Barrie Investment Opportunity - Mixed-Use Zoning with Strong Income Potential Located in the heart of downtown Barrie, these two well-positioned semi-detached properties offer a rare and lucrative investment opportunity. The building features four separate apartments, making it an ideal live-in investment-occupy one unit while rental income from the others helps cover your mortgage. With high demand for downtown housing, this setup provides consistent cash flow and long-term financial rewards. Adding significant value is the property's C2-1 commercial zoning, which opens the door to a wide variety of professional and retail uses. Whether you're considering a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are extensive. The prime downtown location ensures excellent visibility and foot traffic, appealing equally to business owners and investors. Convenience is another standout feature, with easy access to shops, restaurants, transit, and Barrie's scenic waterfront. The property also includes over 10 parking spaces-a rare find downtown-boosting its appeal to tenants and customers alike. Whether you're seeking a smart investment, a live-work arrangement, or a business expansion opportunity, this property delivers unmatched flexibility and profitability. Don't miss your chance to own a high-performing asset in one of Barrie's most dynamic neighborhoods. Schedule a viewing today.
Listing Details
- Taxes (2025)
- $5,427
- Listed
- April 23, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Carpet Free, Water Heater Owned
- Lot Size
- 57.87 x 132.55 Feet
Parking
- Garage
- Other
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Dunlop St W / Mary St
- Zoning
- Residential / Commercial C2-1
- Parcel Number
- 587990073
- Possession
- 60-89 days
- Occupancy
- Owner+Tenant
Included
- Rental Items
- None
Schools
Secondary
- Simcoe Shores Secondary School0.7 km
Public · Simcoe County DSB · 435 students
- Barrie North Collegiate Institute1.3 km
Public · Simcoe County DSB · 1475 students
Grade 10 literacy: 88% met the provincial standard
- ÉSC Nouvelle-Alliance2 km
French Catholic · CS catholique MonAvenir · 300 students
Grade 10 literacy: 95% met the provincial standard
Elementary
- Hillcrest Public School0.7 km
Public · Simcoe County DSB · 465 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Oakley Park Public School1.2 km
Public · Simcoe County DSB · 385 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Portage View Public School1.8 km
Public · Simcoe County DSB · 520 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 47% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Barrie · last 12 months
- Median sold price
- $655,000
- Homes sold
- 1,920
- Median days on market
- 26
- Sale-to-list price
- 97.4%
Based on 1,920 recorded sales of residential freehold properties in Barrie over the last 12 months.
Listed by
iCloud Realty Ltd.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$390,000
Estimated Monthly Payment
$9,580
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,580/mo (20% down, 5.5%)
Taxes: $452/mo · Insurance: $488/mo
Estimates only. Consult a financial advisor.
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