For Sale · Land

114 HENRY STREET, Barrie (Queen's Park)

114 HENRY STREET, Barrie (Queen's Park), ON L4N1C8

$625,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

89%

About this property

Prime development opportunity in a desirable central location. Zoned RM1, offering a range of permitted uses. Buyers are encouraged to complete their own due diligence regarding development potential. Featuring an impressive 92.58 ft x 115.09 this large lot presents strong potential for severance (buyer to verify), making it well suited for builders and investors. Ideally located close to transit, shopping, major highways, schools, and the waterfront in Barrie. Existing home has been removed, providing a clean slate for your next project! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$625K
Down payment30% · $188K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$26K

Annual cash flow

$-9K

Cash-on-cash

-4.59%

DSCR

0.75

Going-in cap

4.16%

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

97,579

Households

45,291

Median income

$73,500

Median age

37.6

Daytime population

117,109

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 114 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.