$69,000 - 221 Cundles Road Unit UNIT 2, Barrie
Commercial for Sale in Barrie
100 days on market- MLS Number
- S12871740
- Property Type
- Commercial
- Status
- active
- Days on Site
- 100
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- SUTTON GROUP INCENTIVE REALTY INC.
Well-Established Coffee Bistro for Sale - Prime North Barrie Location. Excellent opportunity to own a well-established coffee bistro operating for over 30 years in Barrie's busy north end. The current owner has successfully operated the business for 13 years.Located in a high-traffic plaza at 221 Cundles Road East, this café benefits from a loyal and steady customer base built over decades.The location offers exceptional exposure and is surrounded by many key traffic generators including a High School, grocery store, office buildings, hospital, and Georgian College, and Malls creating consistent daily traffic from students, professionals, and local residents. This affordable business is ideal for entrepreneurs or investors looking to operate a café or transform the space into another concept such as: Bakery or dessert café Bubble tea shop Sandwich / take-out restaurant Specialty coffee shop European frozen foods / specialty grocery Catering kitchen or food preparation business With nearby hospital, college, schools, and offices, the location also offers excellent potential for catering services and food delivery businesses.Highlights: 1. Established business with Loyal repeat clients in the Busy North Barrie commercial plaza. 2. location Steps from High School, offices and grocery store Close to Hospital, Malls ,HWY400 and Georgian College. 3. Strong daily traffic from students and professionals Great potential for catering and take-out business Owner willing to train the new buyer. 4. A great opportunity to be your own boss with a low startup cost while taking advantage of a well-known location with strong community presence and long-term customers. 5. Great opportunity to continue the current café business or convert to another food concept.
Estimate your monthly payments for this property
Estimated Payment
$354.01/mo
Includes CMHC insurance ($1,925)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Barrie
Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Barrie
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
221 Cundles Road Unit UNIT 2, Barrie
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Barrie are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 100 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Barrie transactions.