$1,300,000 - 19 Centre Street, Barrie
Detached for Sale in Barrie
Neighbourhood: Allandale
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- MLS Number
- S13737850
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- KELLER WILLIAMS EXPERIENCE REALTY
Exceptional Allandale Investment Opportunity - Multi-Unit Property with Strong Income Potential. Welcome to 19 Centre Street, a unique and versatile income-producing property in the heart of Barrie's sought-after Allandale neighbourhood. Ideally positioned between Highway 400 and Barrie's beautiful waterfront, this property offers an incredible combination of residential income, commercial-style storage/workspace, and future flexibility. The property features multiple self-contained residential units, including a comfortable 3-bedroom main residence, plus two spacious 1-bedroom apartments. Each unit offers its own entrance, kitchen and laundry, providing privacy for tenants and an attractive setup for investors. Adding even more value is the impressive 2-bay warehouse/garage, complete with high ceilings, a 2-piece bathroom and dedicated office space. Whether used for storage, a home-based business, workshop or additional income potential, this expansive space provides flexibility rarely found in an in-town residential property. Outside, there is ample parking for residents, guests, vehicles and additional equipment. The property's location puts you close to the waterfront, downtown Barrie, shopping, restaurants, schools, transit and major commuter routes. Whether you're an investor looking to expand your portfolio, an owner-occupier wanting rental income to offset expenses, or someone seeking a property with multiple possibilities, 19 Centre Street presents an exceptional opportunity in a prime Barrie location. Live in one unit, generate income from the others, and make the most of the additional warehouse space - the possibilities are truly impressive.
Estimate your monthly payments for this property
Estimated Payment
$5,750.34/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 Allandale
Allandale 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 Allandale
- •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
Allandale 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.
19 Centre Street, Barrie
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $520/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Allandale
I know Allandale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.