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Last Updated : 192 Days ago
240 Barrie St, Essa, Ontario, Thornton
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240 Barrie St, Essa MLS Number: N9367875

Thornton, Essa, Simcoe, ON, L0L 2N0

$450,000

Status: OFF MARKET

  • Property Type: Commercial (Commercial)
  • Property Taxes : $2833.59 (Tax Year:2023)
  • Listing Courtesy : Ipro Realty Ltd.

240 Barrie St Property Description

Are you looking for a way to beat the market? Interest rates are dropping everyday. Unlike the majority of other properties on the market, this one actually cash flows. This is a phenomenal opportunity to own a piece of commercial real estate with not 1, not 2, but 3 sources of income! This property features a large commercial space on the ground floor with a stable tenant,a beautiful two bedroom apartment on the second floor and a one bedroom at the rear of the building.Current Net Income is $2,512.31. Mortgage estimated at $1,950.26. That is $562.05 positive cash flow every month. These calculations are based on a 4.25% interest rate and a 20% down payment. As rates drop the cash flow will increase. Do not let this opportunity slip through your fingers. With rates dropping this property only becomes more and more attractive every day.Reasons to buy this property: 1). Income from three sources. 2). Large footprint on main street. 3). Cash Flow Positive. 4). Proximity to HWY 400 (6 mins approx.). 5). Over 6.5% Cap Rate.

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240 Barrie St Property Facts

Property Type :Commercial
MLS Number :N9367875
Listing Type :Sale
Possession Date :
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Last Updated :25 Sep, 2024 (192 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L0L 2N0

240 Barrie St Property Price & Tax Insights

Price : $450,000
Property Taxes :$2833.59
Tax Year :2023

240 Barrie St, Essa Property Details

Cross Street :Barrie St. & Robert St.
Virtual Tour

240 Barrie St, Essa - Price History

2024-09

25 Sep, 2024

TREB #N9367875

Available

$450,000

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • $2,281
  • $820,828
  • $370,828

240 Barrie St - Location Map and Landmarks

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285-287 Barrie Street, Essa, ON
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FAQs: 240 Barrie St, Essa

  • Q:What is the Area Size of the 240 Barrie St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Simcoe. The MLS No of this project is N9367875 and the Project is located in Ontario, Canada
  • Q: Does this Project 240 Barrie St available for Sale ?

    A: The project 240 Barrie St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 240 Barrie St is Offering?

    A:Square Yards is giving a Cashback of $2,250 if you buy this property from us, however there are several key features offered by the 240 Barrie St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 240 Barrie St, Simcoe?

    A: 240 Barrie St, Simcoe comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Simcoe, On?

    A:Simcoe, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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