500 Bayfield St

Barrie | Bayfield | L4M 5A2
  • 2.2 sqft
  • 0 gar

$10,865,000

Est. Mtg $36,841 /mo
  • Days on market

    257

  • Status

    A

Listing Broker C.D.P. REAL ESTATE LIMITED
Since listed: 3 views

Home details

MLS #:

S7403708

Property type:
Investment
Style:
Taxes:
$147,576
Possession:
IMMED/TBA
Condo Fee:
Lot Size:
287.0 X 454.0
Zoning:
C4
Use:
Heat:
Gas Forced Air Closd

Description


500 Bayfield St, , Barrie, Ontario is a Investment property in Barrie and in the Bayfield community in the L4M 5A2 postal code


Investment Opportunity to own busy retail plaza with high traffic exposure on Bayfield Street. Excellent retail and restaurant tenants. Site offers a 4.5% return with triple net leases. Opportunity for redevelopment: As of 2023 the new Official Plan for the City of Barrie has rezoned the site as intensification with no maximum density, with the proviso that one must replace 75% of the existing retail in the new development. Purchaser required to perform own due diligence. Confidentiality Agreement for further information available upon request. Listing Agent has an indirect interest in ownership of property..

Extras

Legal Description Continued: S/T ease over pts 17, 28, 20, 21 51R30250 as in LT483217, LT 483229, LT483235; T/W ease as in LT483237; *T/W ease in R0410549 and confirmed by LT483242 *entered 2001/05/30 - D. Penton; Barrie.



Payment calculator

$49139 monthly. In association with: TD Bank
%
  • Principal and Interest
    36841 /mo
  • Property Taxes
    $12297 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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