For Sale · Land

76 HENRY STREET, Barrie (Queen's Park)

76 HENRY STREET, Barrie (Queen's Park), ON L4N1C7

$625,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

86%

About this property

Prime development opportunity in a central location! Currently zoned RM1, this property offers a range of permitted uses. Buyersare encouraged to conduct their own due diligence regarding current and future potential. Situated on a premium 77ft x 110ftcorner lot with convenient access to shopping, major highways, and everyday amenities. The lot configuration presents a strongopportunity for severance, with potential to create two lots (buyer to verify). Ideal for builders, investors, or end users looking todevelop a custom home or explore multi-residential possibilities in Barrie. Buyer & Buyer's agent to conduct their own DueDiligence. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$625K
Down payment30% · $188K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$26K

Annual cash flow

$-8K

Cash-on-cash

-4.52%

DSCR

0.76

Going-in cap

4.19%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

136,523

Households

52,373

Median income

$126,000

Median age

37.5

Daytime population

119,342

5-yr growth

2.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 76 HENRY STREET, Barrie (Queen's Park).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.