Toronto Luxury Condos and Homes

264 Salem Road

$2,950,000

4-Bed

5-Bath

Listed on 11/1/24

Come live in this 4-bed, 5-bath Home

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

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.

Gallery

MLS #

S10402737

Style

Detached, Bungalow

Rooms

20

Bedrooms

4

Bathrooms

5

Garages Spaces

3

Garage

Attached

Parking Spaces

40

Basement

Full, Unfinished

Den

Y

Exterior

Brick, Stucco/Plaster

Heating

Forced Air

Fireplace

Y

Taxes

$16,115.74 (2023)

Acreage

2-4.99 Acres

Lot

610.00x210.06 (Feet)

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Homes 264 Salem Road, Barrie