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Allandale Centre, Barrie
$937,000
Rare opportunity to own a versatile RM2-zoned property on a premium 74' x 170' lot (over 1/3 acre) in Barrie's rapidly transforming City Centre. Whether you're an investor, business owner, contractor, developer, or multi-generational family, this unique property offers exceptional flexibility and future potential. Featuring two self-contained units with separate hydro meters, including a spacious 3-bedroom main residence plus a 1-bedroom secondary suite, each with its own laundry. The finished basement adds additional living space and functionality. Parking is unmatched with two separate driveways offering space for approximately 13 vehicles total (8 main drive,3 second drive, 2 garage) A standout feature is the fully serviced 780 sq. ft. detached garage/workshop complete with heat, hydro, water - ideal for tradespeople, hobbyists, vehicle enthusiasts, storage or home-based businesses. Enjoy a fully fenced backyard oasis with a large deck and hot tub, perfect for relaxing or entertaining. Located in one of Barrie's most exciting redevelopment corridors, just minutes to Allandale Waterfront GO Station, Highway 400, downtown Barrie, transit, shopping, schools, and waterfront amenities. Enjoy quick access to Centennial Beach, Lake Simcoe, parks, trails, and the city's multi-million-dollar waterfront revitalization initiatives. Live in one unit, accommodate extended family, hold for future development potential, or simply enjoy the space and flexibility this exceptional property provides. Opportunities like this are rarely available in such a prime central location. Easy to Show! Some Images are enhanced with AI.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,602 |
| Lot Size | 74 ft x 170.1 ft |
| mls© Number | S13435996 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $4,796
- Property tax
- $384
- Heat allowance
- $150
- Housing costs
- $5,329 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,943 / mo
- Cash down
- $187,400
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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