$899,900 - 27 Victoria Street, Barrie
Commercial for Sale in Barrie
Neighbourhood: City Centre
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- MLS Number
- S13761018
- Property Type
- Commercial
- Status
- active
- Days on Site
- 28
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- N/A sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $15,892
- Listing Brokerage
- REVEL REALTY INC.
Exceptional Commercial Space | Designed to Impress, Positioned for Success Welcome to a beautifully appointed commercial property where sophisticated design, functionality, and an exceptional location come together. Fully updated in 2021/2022. Ideally situated just steps from Barrie's waterfront, this highly visible property offers convenience and versatility with flexible C4 zoning supporting a variety of uses, including office, retail, service, veterinary, and more. The attractive front signage offers excellent visibility and can be customized to showcase your brand identity. Step inside through the updated front and side entrances (2021) to a thoughtfully designed interior featuring a stunning conference room and welcoming seating area, highlighted by a modern electric fireplace and sleek dry bar/coffee station-an ideal space for client meetings and collaboration.The main level also offers two private offices, a well-equipped kitchen area, 1.5 updated bathrooms, a secondary meeting area, and waiting room, all finished with durable laminate flooring and stylish tile accents.Upstairs, discover a bright, open-concept workspace designed for productivity, complete with an additional private office featuring four custom-built workstations. Quality upgrades include modern light fixtures, updated tilework, an integrated stereo system, and wiring for a full security setup. Nearly all windows were replaced in 2021, enhancing natural light and energy efficiency. With 10 private parking spaces across two driveways, this property provides exceptional convenience for staff and clients. Only 1.4km from Barrie's future $26MM multi-purpose sports and entertainment facility. Whether establishing a new business, expanding operations, or relocating to a refined workspace, this property offers the perfect combination of premium location, impressive design, and turnkey functionality-a space where businesses can thrive.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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 City Centre
City Centre 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 City Centre
- •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
City Centre 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.
27 Victoria 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
Commercial property values in Barrie are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
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 28-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.