$570,000
40 PERRY STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Queen's Park). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
CENTRALLY LOCATED 66 X 166 FT VACANT LOT ACROSS FROM MULLIGAN'S POND WITH FLEXIBLE RM1 ZONING! Some opportunities invite you to renovate, others invite you to create, and this centrally located vacant lot offers the freedom to design a home that reflects your lifestyle from the ground up. Set on a quiet, no-through street across from Mulligan's Pond, this 66 x 166 ft lot sits in Barrie's Lakeshore neighbourhood with everyday conveniences close at hand. Centennial Beach and the waterfront are within walking distance, while downtown Barrie, daily essentials, entertainment, dining, shops, the library, the GO Station, and major commuter routes are all less than a five-minute drive away. RM1 zoning supports a wide range of residential and live-work possibilities, including single-detached, semi-detached, and duplex dwellings, second suites, detached accessory units, bed-and-breakfast use, child care, and home occupations, with hydro and gas available at the lot line. Buyer is responsible for all development charges, permits, and associated fees. Start dreaming, start sketching, and start planning a home that finally lives up to the location. (id:65958)
- Subtype
- Vacant Land
- Community
- Queen's Park
- Lot dimensions
- 66 x 166.37 FT ; 66.01 x 166.58 x 66.01 x 167.02 ft
- On market
- Dec 17, 2025
- Status changed
- Apr 28, 2026
- Annual tax
- $2,301.16
- Zoning
- RM1
- Photos
- 6
- MLS#
- S12639312
- Area
- BARRIE_(QUEEN'S_PARK)
Features and systems
Lot
Utilities
Cash on cash
-6.91%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,541
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: 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.