53 Bayfield Street

Original Remarks

Exceptional retail investment opportunity in the heart of downtown Barrie. This ~4,900 SF freehold property is 100% occupied by Royal Bank of Canada, a premier AAA-rated covenant and long-standing tenant since 1971. The current lease term extends to October 31, 2027, with one 3-year renewal option. The property sits on a premium 0.256-acre corner lot with excellent dual frontage on Bayfield Street and Colliers Street, complemented by a dedicated 16-space parking lot with access from Bayfield through to Clapperton Street. Strategically located in Barrie's designated Urban Growth Centre within the Greater Golden Horseshoe Growth Plan. Strong demographics: 60,000 residents within 3 km with average household income of $107,134. Two major condominium developments in preconstruction within ~400 meters will further enhance the trade area. Downtown Barrie offers year-round appeal as a recreational destination on Kempenfelt Bay, with proximity to waterfront amenities, cultural attractions, and direct highway access to Toronto