$2,650/mo - 66 Maple Avenue Unit 101, Barrie
Commercial for Rent in Barrie
182 days on marketNeighbourhood: City Centre
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- MLS Number
- S12968922
- Property Type
- Commercial
- Status
- active
- Days on Site
- 182
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Barrie
- Taxes (2025)
- $516,000
- Listing Brokerage
- BAY STREET GROUP INC.
Outstanding downtown Barrie commercial lease opportunity in a prime, high-demand location. This main-floor unit is perfectly positioned just steps from the waterfront, City Hall, restaurants, shops, offices, and all the energy of downtown living and business activity. Whether you are launching a new venture or expanding an existing one, this location offers visibility, convenience, and flexibility. | Zoned C1-1, this space allows for a wide variety of commercial uses, including restaurant concepts, professional offices, retail, service-based businesses, or clinics. The open-concept layout provides excellent flexibility, making it easy to customize the space to suit your specific business needs. Large windows bring in natural light and create a welcoming atmosphere for clients and customers. | The rental rate includes two dedicated parking spaces at the rear, a valuable bonus in downtown Barrie. In addition, there are two paid public parking lots nearby, making parking convenient and stress-free for both staff and visitors. Public transit is extremely accessible, with the bus station only 50 meters away, ensuring excellent connectivity. | This unit benefits from strong pedestrian traffic, enhanced by neighboring businesses, including the popular Magical Taste of China restaurant next door. The area sees steady daily foot traffic from local professionals, residents, tourists, and waterfront visitors, providing excellent exposure for your business. | Competitive rent with flexible and favorable terms makes this an exceptional opportunity to secure a premium downtown location without overpaying. | A rare chance to lease a high-visibility, first-floor commercial space in one of Barrie's most active and desirable business districts. Do not miss this opportunity to grow your business in a location that truly works for you.
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.
66 Maple Avenue Unit 101, 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 $3/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. 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 182 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.