For Sale · Office

466 BIG BAY POINT ROAD, Barrie (Painswick North)

466 BIG BAY POINT ROAD, Barrie (Painswick North), ON L4N3Z4

$1.6M total

2,400 SF

Asset Class

Office

Size

2,400 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

$665

Occupancy

95%

About this property

Prime Commercial Building located near the bustling intersection of Big Bay Point Rd. and Yonge Street. Positioned directly across from a busy major retail plaza, this property has exceptional visiblity and impressive daily traffic count. C4-General Commercial zoning allows for a multitude of uses including Professional Office and retail uses. Approx. 1250 Sq Ft main floor with several offices, reception area, and accessible washroom. Fully finished lower level includes a full kitchen, 3-piece washroom, laundry, as well as a separate outside entrance. Recent improvements include new boiler/hot water on demand system (2026), extensive wheelchair accessible ramp (2023), washer/dryer (2023). Recently expanded on-site parking in rear of building. Single attached garage. Shared driveway. Located in a rapidly growing residential and commercial hub, offering fast connections to local transit lines and major south-end traffic arteries. All measurements are approximate and to be verified. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.59M
Down payment30% · $479K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$107K

Annual cash flow

$19K

Cash-on-cash

3.98%

DSCR

1.22

Going-in cap

6.74%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,204 SF2030-07
Vector Robotics568 SF2030-07
Vector Robotics400 SF2030-07
Vector Robotics400 SF2030-07

Area demographics

Trade area within 3 miles of the property.

Population

47,376

Households

19,068

Median income

$69,000

Median age

41.4

Daytime population

76,951

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 466 BIG BAY POINT ROAD, Barrie (Painswick North).

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.