$1,195,000 - 177 Dunlop Street, Barrie
Commercial for Sale in Barrie
Popular ListingNeighbourhood: Queen's Park
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- MLS Number
- S13827060
- Property Type
- Commercial
- Status
- active
- Days on Site
- 12
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,990 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $14,067
- Listing Brokerage
- ROYAL LEPAGE FIRST CONTACT REALTY
Experience the best of downtown Barrie at 177 Dunlop Street West, perfectly positioned in the heart of the city where everything is right at your doorstep! This property offers great work/live potential to live on site and operate your own business or tenant someone else's! Step outside and enjoy an incredible selection of trendy restaurants, cafés, shops, patios and local entertainment, all just steps away. The stunning Kempenfelt Bay waterfront, Centennial Beach and scenic waterfront trails are close by, offering endless opportunities for walking, cycling, relaxing and enjoying Barrie's beautiful four season lifestyle. Meridian Place, the MacLaren Art Centre, the new future stadium, Barrie Public Library, transit, Allandale Waterfront GO Station, and many new and future developments/condo buildings are also conveniently nearby. With easy access to Highway 400 and major commuter routes, this is an exceptional opportunity to enjoy vibrant downtown with waterfront recreation, amenities and everyday convenience all within easy reach. This distinctive two storey professional office building beautifully blends classic character with a polished professional presence. The impressive red brick exterior, architectural detailing, peaked rooflines and oversized windows create timeless curb appeal, while the enclosed front bay window adds character and abundant natural light. A welcoming covered entry provides a professional arrival for clients and guests, with the building offering a versatile layout well suited to a range of professional office uses. The property also features a substantial paved parking area and a detached secondary building (which could be easily finished as a separate living space) providing additional flexibility for office, storage or business needs. Well maintained and exceptionally presentable, this is a standout professional property with a strong presence along Dunlop Street West.
Estimate your monthly payments for this property
Estimated Payment
$5,285.89/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Queen's Park
Queen's Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Queen's Park
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Queen's Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
177 Dunlop Street, Barrie
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $601/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 12-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Barrie transactions.