$2,750,000Asking Price
640 Mapleview Drive E, Innisfil, ON L9S 3A6
Painswick South, Barrie
Exceptional Investment Opportunity on Nearly 50 Acres in Innisfil. Built in 2018, this rare property combines residential income, commercial utility, and future development potential. Spanning approximately 2,750 sq/ft of total living space, the home is configured into three fully self-contained apartmentsall with 8' ceilings, private laundry, full kitchens with dishwashers, and full bathrooms. Two units are serviced by natural gas furnaces and central air; the third features energy-efficient mini-splits for heating and cooling. The property also includes a massive 2,400 sq/ft attached shop with 18-foot ceilings, in-floor natural gas heating, and three 14-foot overhead garage doors on openersideal for business use, storage, or rental income. The current owner is open to renting the shop back, offering additional income flexibility. Set on approximately 47.8 acres of prime agricultural land along Mapleview Drive East, the location offers incredible future development potential. Zoned agricultural (A1), the land allows for a wide range of uses and provides the perfect setting to build your dream home. Just steps to the beach and park, and within walking or biking distance to Friday Harbour. Currently tenanted with AAA tenants who are happy to stay, this property generates strong rental incomewith potential to exceed $100,000 annually. Showings require 24 hours' notice. Whether youre an investor, developer, or multi-generational buyer, this unique property offers the rare combination of cash flow, land, location, and lifestyle.
Exceptional Investment Opportunity on Nearly 50 Acres in Innisfil. Built in 2018, this rare property combines residential income, commercial utility, and future development potential. Spanning approximately 2,750 sq/ft of total living space, the home is configured into three fully self-contained apartmentsall with 8' ceilings, private laundry, full kitchens with dishwashers, and full bathrooms. Two units are serviced by natural gas furnaces and central air; the third features energy-efficient mini-splits for heating and cooling. The property also includes a massive 2,400 sq/ft attached shop with 18-foot ceilings, in-floor natural gas heating, and three 14-foot overhead garage doors on openersideal for business use, storage, or rental income. The current owner is open to renting the shop back, offering additional income flexibility. Set on approximately 47.8 acres of prime agricultural land along Mapleview Drive East, the location offers incredible future development potential. Zoned agricultural (A1), the land allows for a wide range of uses and provides the perfect setting to build your dream home. Just steps to the beach and park, and within walking or biking distance to Friday Harbour. Currently tenanted with AAA tenants who are happy to stay, this property generates strong rental incomewith potential to exceed $100,000 annually. Showings require 24 hours' notice. Whether youre an investor, developer, or multi-generational buyer, this unique property offers the rare combination of cash flow, land, location, and lifestyle.
See MoreKey Info
- 2-Storey Duplex
- 4+ Parking
- Attached Garage
- Oak St
- 5000 + Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $12,598 in 2025
- Possession: Flexible
Details
- Vinyl Siding/Stone Exterior
- No Fireplace
- 1 Kitchen
- MLS #N12318465
- PARKER COULTER REALTY BROKERAGE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 2-Piece Bathroom | |||
| 1 3-Piece Bathroom on Main Floor | |||
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Who lives here?
Painswick South, Barrie is a north GTA neighbourhood notable for its executives, business professionals, salespeople and tradespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 54.
Families
Kids Per Family
1.5
kids per family
in the neighbourhood.
Singles
41%
of residents are
single and loving it.
41% singles
Barrie (46%)Renters
17%
of residents
are renters.
17% renters
Barrie (30%)Education
22%
of residents are
university grads.
22% university grads
Barrie (23%)Income
Average Household Income
$122K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 18% |
| Trades | 12% |
| Business | 10% |
| Government | 9% |
| Management | 7% |
Immigrants
17%
of residents were
born outside of Canada.
17% immigrants
Barrie (13%)Birthplace - All
1.7% from Caribbean
All-time
Birthplace - Recent
0.5% from Philippines
Recent
Foreign Languages
Foreign Languages
| Spanish | 2% |
| French | 2% |
| Mandarin | 2% |
| Italian | 1% |
| Portuguese | 1% |
Religions
Religions
| Christian | 69% |
| Muslim | 3% |
| Jewish | 1% |
| Buddhist | 1% |
| Hindu | 1% |
