31 Bayfield Street, Barrie, ON L4M 3A6

Being offered at an over 7.5% CAP Rate!! **Price Reduced** NEW FINANCIALS. Prime Investment Opportunity: Iconic Income-Producing Property at 31 Bayfield Street, Barrie, ON** Seize the chance to own a landmark building in the heart of one of Canada’s fastest-growing cities. **Key Features:** – **Stable Commercial Tenant:** Benefit from a reliable commercial tenant operating a thriving business, ensuring consistent income. **Prime Residential Units:** The property boasts 32* residential units, situated in one of the county’s most expensive rental markets, ensuring high demand and occupancy rates.- **Robust Income Stream:** With a gross annual income exceeding $363,749.76 this property promises substantial returns.- Net Income $248,409.57 **Vendor Take Back Financing:** Attractive vendor take back financing options available for qualified buyers, making this an even more enticing investment.This property combines an exceptional location, impressive cash flow, and significant future growth potential. Whether you’re a seasoned investor or looking to make a strategic addition to your portfolio, 31 Bayfield Street is a prime opportunity. Invest in a property that stands at the crossroads of history and modernity, in a city poised for continued expansion.

Details

MLS® Number
S9039077

Property Size
1208 Sqft