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Listed 25 days ago

100 Essa Road

Allandale Centre, Barrie

$1,375,000

Detached|2 1/2 Storey
3 | 5 | 10
About this home

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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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$11,589
Lot Size43.18 ft x 153.38 ft
mls© NumberS13566566
Listed ByROYAL 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.

Down payment20% · $275,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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