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59 Mary Street

59 Mary Street

Barrie, ON

  • 8 bed
  • 5 bath
  • approx. 3500-5000 sqft
  • Fourplex
  • 138 days on market
$1,950,000

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.

Mortgage Calculator

$390,000

Estimated Monthly Payment

$9,580

Land transfer tax

Estimated land transfer tax$35,475

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.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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