200 Blake Street
Codrington, Barrie
$659,000
Exceptional 11,409 sq. ft. development site (67.23 x 169.34 ft lot) in a prime Barrie location close to the waterfront. Featuring rare C4 and R2 zoning, this property allows for diverse commercial and multi-residential uses. Currently features a fully occupied, legal duplex generating steady rental income while you design your next project. Upper levels offer potential views of Kempenfelt Bay. Perfect for developers and savvy investors looking for immediate revenue and long-term appreciation.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,431 |
| Lot Size | 67 ft x 165 ft |
| mls© Number | S13816368 |
| Listed By | REALTY EXECUTIVES OF SIMCOE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,373
- Property tax
- $286
- Heat allowance
- $150
- Housing costs
- $3,809 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,773 / mo
- Cash down
- $131,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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