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Allandale Centre, Barrie
$599,000
Positioned in one of Barrie's most dynamic growth corridors, this property presents a unique opportunity for buyers seeking the flexibility to live, work, and invest all in one location. Combining residential comfort with exceptional long-term potential, this is a rare chance to secure a property that offers both everyday functionality and future upside in a rapidly growing city. Located in central Barrie with convenient access to major routes, transit, shopping, restaurants, schools, and established neighbourhoods, the property is ideally suited for those looking to enjoy an urban lifestyle while maintaining space for a home-based business, studio, professional office, or creative workspace. Its accessible layout, strong visibility, and prominent presence create endless possibilities for entrepreneurs, remote professionals, and families looking for a property that can evolve with their needs over time. Currently zoned C4 - General Commercial, the property is identified within Barrie's Official Plan as being located in the Urban Growth Centre and along an Intensification Corridor, with a High Density designation. These planning designations reflect the City's long-term vision for continued growth, intensification, and redevelopment within the area. The City of Barrie has advised that future development and planning applications would be reviewed in accordance with Official Plan policies related to the Urban Growth Centre, Intensification Corridors, and High Density designation. Existing use may continue under the current zoning framework. Whether you are looking for a live-work opportunity, multi-generational flexibility, future redevelopment potential, or the ability to secure a strategic property in one of Barrie's evolving urban corridors, this offering delivers an exciting blend of present-day usability and long-term vision. A standout opportunity in a city continuing to experience strong growth, increasing demand, and ongoing development momentum.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,193 |
| Lot Size | 66.21 ft x 171.18 ft |
| mls© Number | S13190794 |
| Listed By | ROYAL LEPAGE FIRST CONTACT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $349
- Heat allowance
- $150
- Housing costs
- $3,565 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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