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Allandale Centre, Barrie
$1,375,000
Exceptional Mixed-Use Commercial & Residential Property! Offering approximately 4,885 sq. ft. of beautifully renovated space in Barrie's desirable Allandale community, this unique property is zoned for both Commercial and Residential use, providing outstanding flexibility for investors, business owners, or those seeking a live/work opportunity. The fully renovated commercial space is ideal for a wide range of businesses, including a professional office, medical or dental office, law firm, accounting office, insurance agency, daycare, hair salon, barber shop, wellness clinic, retail boutique, and much more. The residential portion features 3 spacious bedrooms, 3 bathrooms, and an open-concept layout. The chef-inspired kitchen offers abundant cabinetry, a large centre island, and a double-size refrigerator. The spectacular living room showcases a soaring 22-foot cathedral ceiling, oversized windows, and a cozy fireplace. The dining area walks out to a private three-season sunroom, perfect for relaxing or entertaining. The finished basement includes a separate 1-bedroom apartment, creating additional income potential or space for extended family. Adding exceptional value, the property is equipped with solar panels enrolled in the MicroFIT Program, generating additional income, and features 3 separate hydro meters, allowing independent metering for each unit. Ideally located close to Highway 400, downtown Barrie, Centennial Beach, the waterfront, marina, parks, schools, shopping, restaurants, and public transit. Whether you're seeking multiple income streams, a thriving business location, or an outstanding live-work lifestyle, this unique property delivers it all-see for yourself.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $11,589 |
| Lot Size | 43.18 ft x 153.38 ft |
| mls© Number | S13566566 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES 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%
- $7,038
- Property tax
- $966
- Heat allowance
- $150
- Housing costs
- $8,154 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$251,000
gross annual household income
- Payment at 4%
- $5,786 / mo
- Cash down
- $275,000
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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