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$2,950,000Asking Price

264 Salem Rd

Rural Barrie Southwest, Barrie

Detached
4
Bedrooms
5
Baths
40
Parking
Days on Market

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.

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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.

Key Info

  • Bungalow Detached
  • 37-Car Private Driveway
  • 3-Car Attached Garage
  • Essa Rd & Salem Rd
  • Basement: Full, Unfinished
  • 1 Kitchen
  • Forced Air Propane Heating
  • No A/C

Property

  • Lot Size 210.06 x 610 Feet
  • 2-4.99 Acreage
  • Brick/Stucco/Plaster Exterior
  • Possession: Flexible

Details

  • Fireplace
  • Family Room
  • Septic Tank
  • Well Water
  •  
  • MLS #S10402737
  • CENTURY 21 B.J. ROTH REALTY LTD.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms on Main Floor
Washroom3 2-Piece Bathrooms on 2nd Floor

Who lives here?

Rural Barrie Southwest, Barrie is a north GTA neighbourhood notable for its renters, executives and tradespeople. It has a higher than average population of immigrants, particularly those from Hungary. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 50 to 64 and seniors aged 65 to 79.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Barrie  (1.2)

Singles

39% of residents are
single and loving it.

39% singles

Barrie (46%)

Renters

44% of residents
are renters.

44% renters

Barrie (30%)

Education

1% of residents are
university grads.

1% university grads

Barrie (23%)

Income

Average Household Income

$86K

is the average household
income in the neighbourhood.

Barrie  ($110K)

Professions

Professions

Trades 28%
Management 17%
Sales 17%
Manufacturing 1%
Health 1%

Immigrants

19% of residents were
born outside of Canada.

19% immigrants

Barrie (13%)

Birthplace - All

Hungary was once home to 6.6% of immigrants.
Italy 3.3%
India 2.8%
Egypt 1.4%
China 1.4%

6.6% from Hungary
All-time

Birthplace - Recent

India was once home to 2.8% of immigrants.
China 1.4%
Hong Kong 0.9%
France 0.5%
Egypt 0.5%

2.8% from India
Recent

Foreign Languages

Foreign Languages

French 4%
Hungarian 3%
Italian 2%
Persian 1%

Religions

Religions

Christian 72%
Jewish 1%