Residentiae.
For Sale · Toronto

59 MARY STREET

Toronto · L4N1T2

$1,950,000

8Bedrooms
5Bathrooms
10Parking
3,500Sq Ft
2Storeys

About this residence

Prime Downtown Barrie Investment Opportunity - Mixed-Use Zoning with Strong Income Potential Located in the heart of downtown Barrie, these two well-positioned semi-detached properties offer a rare and lucrative investment opportunity. The building features four separate apartments, making it an ideal live-in investment-occupy one unit while rental income from the others helps cover your mortgage. With high demand for downtown housing, this setup provides consistent cash flow and long-term financial rewards. Adding significant value is the property's C2-1 commercial zoning, which opens the door to a wide variety of professional and retail uses. Whether you're considering a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are extensive. The prime downtown location ensures excellent visibility and foot traffic, appealing equally to business owners and investors. Convenience is another standout feature, with easy access to shops, restaurants, transit, and Barrie's scenic waterfront. The property also includes over 10 parking spaces-a rare find downtown-boosting its appeal to tenants and customers alike. Whether you're seeking a smart investment, a live-work arrangement, or a business expansion opportunity, this property delivers unmatched flexibility and profitability. Don't miss your chance to own a high-performing asset in one of Barrie's most dynamic neighborhoods. Schedule a viewing today. (id:61366)

Property details

Property type
Multi-family
Style
Fourplex
Bedrooms
8 (8 above)
Bathrooms
5 (1 half)
Storeys
2
Living area
3,500–5,000 sq ft
Lot size
57.9 x 132.6 FT
Frontage
57.1 feet
Parking
10 spaces
Annual tax
$5,427
MLS®
S13037574
Board
Toronto
Status
Active
Listed
Apr 23, 2026
Updated
Jun 19, 2026

Features & finishes

Appliances

  • Water Heater

Heating

  • Forced air
  • Natural gas

Basement

  • Unfinished

Exterior

  • Brick
  • Vinyl siding

Foundation

  • Block

Parking

  • Other
  • No Garage

Lot

  • Lane
  • Carpet Free

Sewer & Utilities

  • Sanitary sewer

Financing

Mortgage calculator

Estimated monthly payment

$9,120/mo

Amortization

Loan amount

$1,560,000

Down payment

$390,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · L4N
100,835
Population
40
Median age
$97,000
Median income
$700,000
Median home value
71%
Home ownership
30 min
Avg. commute

Age distribution

0–14
17%
15–24
13%
25–44
27%
45–64
27%
65+
16%

Tenure

71% owners29% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 59 MARY STREET?

59 MARY STREET is listed for $1,950,000, in Toronto.

How many bedrooms and bathrooms does 59 MARY STREET have?

It offers 8 bedrooms and 5 bathrooms (including 1 half-bath).

What type of home is 59 MARY STREET?

59 MARY STREET is a Multi-family, Fourplex set over 2 storeys.

How large is 59 MARY STREET?

The home offers approximately 3,500–5,000 sq ft of living space on a lot measuring 57.9 x 132.6 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $9,120. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $5,427 per year.

Is there parking?

Yes — 59 MARY STREET includes 10 parking spaces.

What is the Toronto area like?

Toronto has a population of about 100,835, a median age of 40, a 71% home-ownership rate, with an average commute of about 30 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $700,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $97,000.

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