$1,150,000
28 CAROLINE STREET
Beds
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Baths
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Sqft
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Prime Land Assembly Development in Barrie. Offering three contiguous properties 22, 26 & 28 Caroline Street totaling approx. 32,214 Square Feet of Land. All three properties must be purchased together as a package. Exceptional investment and development opportunity in the heart of Barrie's urban core & Transportation Corridor. Directly backing onto a development on Jacobs Terrace featuring two approved buildings. This assembly has already completed a Pre-Consultation process with City Planners and includes a conceptual rendering that aligns with Barrie's current Official Plan parameters positioning this site as a turnkey opportunity for developers. Rental income totaling $10,000 plus monthly. With growing demand for intensification in central Barrie and nearby projects moving ahead, this is your chance to secure a footprint in one of the city's most transformative areas. Don't miss this rare chance to invest in Barrie's future. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Allandale Centre
- Living area
- 1,089 square feet
- Lot dimensions
- 32.45 x 200.56 FT
- On market
- Apr 16, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $3,586
- Zoning
- RM4
- Photos
- 7
- MLS#
- S13006652
- Area
- BARRIE_(ALLANDALE_CENTRE)
Features and systems
Heating
Cooling
Cash on cash
-11.61%
Cap rate
3.57%
GRM
16.7
Break-even rent
$8,093
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Allandale Centre). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.