$1,795,000 - 355 Mapleview Drive, Barrie
Commercial for Sale in Barrie
63 days on marketNeighbourhood: Holly
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- MLS Number
- S13639070
- Property Type
- Commercial
- Status
- active
- Days on Site
- 63
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 3,964 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $6,353
- Listing Brokerage
- CENTURY 21 B.J. ROTH REALTY LTD.
Prime commercial opportunity located on one of Barrie's highest-exposure corridors at 355 Mapleview Drive W. Situated on nearly half an acre and zoned Light Industrial (LI), this exceptional property offers a wide range of permitted uses, including professional office, medical, retail, service commercial, and many other business opportunities. Completely transformed in 2019, the building underwent an extensive top-to-bottom renovation, including all major mechanical systems such as the furnace, air conditioning, plumbing, electrical, and hot water system, along with a full interior modernization. Offering over 3,400 square feet of finished space, the property currently features 7 private offices on the upper level, with additional offices, boardroom space, and flexible work areas on the lower level. The layout can easily be reconfigured to accommodate additional offices or customized to suit a variety of business operations. Designed with functionality in mind, the building offers four bathrooms, two kitchens (one on each level), barrier-free accessibility, a wheelchair ramp, and a two-car garage that can be utilized for storage or converted into additional office or workspace. The expansive lot provides 20+ parking spaces, a rare and highly desirable feature for commercial properties in Barrie. Positioned directly across from the recently announced Mapleview Drive commercial and residential redevelopment area, this property is ideally situated to benefit from one of Barrie's most significant growth corridors. With exceptional visibility, outstanding daily traffic exposure, and convenient access to Hwy 400, downtown Barrie, major amenities, and public transit, this is a unique opportunity for owner-operators, investors, or businesses seeking a premium location with long-term upside. Commercial properties of this size, condition, parking capacity, and exposure rarely become available.
Estimate your monthly payments for this property
Estimated Payment
$7,939.89/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 Holly
Holly 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 Holly
- •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
Holly 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.
355 Mapleview Drive, 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 $453/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.
Extended Exposure — Negotiating Room
At 63 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
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.