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Investment signal

$499,000

30 TIFFIN STREET

Save this home

Beds

Baths

2

Sqft

1,806

Year

Type

Retail

Suite

Suite potential

Location 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.

About this home

Prime Investment Opportunity in Barrie's Urban Growth Centre. Exceptional high-exposure corner property located in the heart of Barrie's designated Urban Growth Centre. Ideally situated just a short walk to the Barrie South GO Station and the City's vibrant Waterfront, this property offers outstanding visibility and accessibility. Positioned directly across from a busy commercial plaza, it benefits from consistent traffic and strong signage exposure. This well-maintained and recently updated mixed-use property presents a versatile opportunity for investors, end-users, or business owners. The main level features a recently updated self-contained 1-bedroom unit with a separate entrance-ideal for residential tenancy or easily adaptable for professional office or commercial use. The upper level has also been recently updated and offers a bright and spacious 2-bedroom, 1-bath apartment with an open-concept layout and in-suite laundry. The property sits on a high-visibility corner lot and offers parking for up to 6 vehicles. Both units are fully tenanted and furnished, making this a true turnkey investment. Additional income is generated from on-site advertising signage, with three panels producing approximately $1,500 each annually. Recent upgrades include shingles (approx. 2 years), new A/C, new hot water tank, new washer and dryer, as well as a new front desk and rear fence. With multiple income streams and flexible zoning potential, this property is ideal for investors seeking a stable, turnkey asset in a rapidly growing urban core (id:65958)

Subtype
Retail
Community
Allandale Centre
Living area
1,806 square feet
Lot dimensions
Bldg=34.5 x 104 FT
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$6,165
Zoning
C1-1 COMM
Photos
32
MLS#
S13046826
Area
BARRIE_(ALLANDALE_CENTRE)

Features and systems

Appliances

DryerBlindsFurnitureTwo Washers

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$580/mo at these assumptions

Cash on cash

-6.98%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,111

Financing

Down payment$99,800
Loan amount$399,200
Mortgage$2,023/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$416
CapEx reserve$208
Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $2,023/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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