$1,300,000
For sale: Detached

Exceptional Allandale Investment Opportunity - Multi-Unit Property with Strong Income Potential. Welcome to 19 Centre Street, a unique and versatile income-producing property in the heart of Barrie's sought-after Allandale neighbourhood. Ideally positioned between Highway 400 and Barrie's beautiful waterfront, this property offers an incredible combination of residential income, commercial-style storage/workspace, and future flexibility. The property features multiple self-contained residential units, including a comfortable 3-bedroom main residence, plus two spacious 1-bedroom apartments. Each unit offers its own entrance, kitchen and laundry, providing privacy for tenants and an attractive setup for investors. Adding even more value is the impressive 2-bay warehouse/garage, complete with high ceilings, a 2-piece bathroom and dedicated office space. Whether used for storage, a home-based business, workshop or additional income potential, this expansive space provides flexibility rarely found in an in-town residential property. Outside, there is ample parking for residents, guests, vehicles and additional equipment. The property's location puts you close to the waterfront, downtown Barrie, shopping, restaurants, schools, transit and major commuter routes. Whether you're an investor looking to expand your portfolio, an owner-occupier wanting rental income to offset expenses, or someone seeking a property with multiple possibilities, 19 Centre Street presents an exceptional opportunity in a prime Barrie location. Live in one unit, generate income from the others, and make the most of the additional warehouse space - the possibilities are truly impressive.
Sold data
Detached homes in Barrie (Allandale) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 42, across 316 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $749,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 316 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Allandale) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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