264 Salem Road Image 1

$2,850,000

Mar 19Detached For Sale
bedrooms4bed
washrooms6bath
MLS - #S12029328

264 Salem Road, Barrie, ON L9J 0C6

Virtual Tours

4
Similar Homes Found
$1,618,725
Average Price
76.1%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

2-4.99 acres

Style

Bungalow

Approx. Area

N/A

About 264 Salem Road

Attention BUSINESS OWNERS, DEVELOPERS & INVESTORS! Perfectly set up for Small Business Owners to live in the residential bungalow with attached triple car garage while operating their home based business (commercial space is 2 levels with 5753 sq ft - former dance studio) adjacent to where they live situated on the same property. Triple car garage & Studio space was built in 2008. Studio space has 3 AC units. The current rural residential zoning allows for Accessory Uses which includes Home Occupation! In the new proposed City of Barrie Zoning By-Law, the subject property is Neighbourhood Low 2 (NL2), which would permit commercial and retail uses since salem rd is identified as a collector road. The commercial area was designed for a Dance Studio but offers plenty of other potential uses such as daycare, pre-school, gym, spa, gymnastics, mma and so many other potential uses (may require minor variances or zoning amendment through city of Barrie). 264 Salem road is strategically situated in Barrie's South West annexed land in South West on total 4.62 Acres of prime land in Phase 1 of the Salem Secondary Plan. 210 ft of frontage on Salem Rd. Large Residential bungalow was built in 1967 and is 2168 sq ft above grade which consists of 4 spacious bedrooms at 2 full bathrooms. Nicely updated main level with hardwood floors, updated kitchen with stainless steel build in appliances. This unique property has 1 well plus 2 septic systems on the property. Very private property with beautiful trees edging the land.

Home Overview

Last updated

50 minutes ago

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

Additional Details

Basement:Full, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:Private, Front Yard Parking

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$10885.07/ month
$2,280,000 Principal and Interest
$2,736,000 Property Taxes

Location

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Walk Score for 264 Salem Road

Some information about this property - Salem Road

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