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Key Details
Sold Price $2,850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Rural Barrie Southwest
MLS Listing ID S12029328
Sold Date 03/27/25
Style Bungalow
Bedrooms 4
Annual Tax Amount $16,836
Tax Year 2024
Lot Size 2.000 Acres
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Simcoe
Community Rural Barrie Southwest
Area Simcoe
Zoning Rural residential, EP and Agricultural
Rooms
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features Water Heater Owned
Cooling None
Fireplaces Number 1
Fireplaces Type Wood
Exterior
Exterior Feature Deck, Year Round Living
Parking Features Attached
Garage Spaces 3.0
Pool None
View Creek/Stream, Trees/Woods
Roof Type Asphalt Shingle
Total Parking Spaces 40
Building
Foundation Block
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