Senior Vice President, Retail

Russell Godwin

Senior Associate, Brokerage

Alexandra Godwin

- INTERSECTION: Bayfield Street & Colliers Street- TENANT: Royal Bank of Canada- BUILDING (GLA): 4,900 SF with full basement (single storey)- PARKING: Dedicated parking lot from Bayfield Street through to Clapperton Street with 16 spaces.- LAND: 0.256 acres (irregular)- FRONTAGE: approximately 127 SF on Bayfield Street,- AVAILABLE: Immediately- PURCHASE PRICE: $3,000,000.00

Investment Details

EXCELLENT LOCATIONThe property is in downtown Barrie, Ontario, a picturesque, year-round recreational destination on Kempenfelt Bay justoff Lake Simcoe. It is famous for its stunning waterfront, active arts, and culture scene (including Kempenfest). It actsas a major gateway to ski resorts and cottage country while being a growing commuter city on Hwy 400 just an hour north of TorontoPREMIUM FRONTAGEThe premium .256-acre property has excellent corner frontage in downtown Barrie, at the 3-way intersection of Bayfield Street and Colliers Street inclusive of their own dedicated dual access parking lot from Bayfield Street through to Clapperton Street.TENANTRoyal Bank of Canada [RBC] was founded in 1865 in Halifax. RBC is the #1 bank in Canada www.rbcroyalbank.com,and has been a longstanding tenant since 1971 with a remaining term until October 31, 2027, plus 1 x 3-year option. It isconsistently ranked among the top 10-25 largest banks globally by assets and trades as TSX:RY and NYSE:RY.URBAN GROWTH CENTREBarrie is in the Growth Plan for the Greater Golden Horseshoe, as a Simcoe Sub-area. Barrie is identified as a principal primary settlement area with Downtown Barrie as the only Urban Growth Centre. The Growth Plan forecasts a population of 253,000 by the year 2041.

Investment Highlights

53 Bayfield Street

Toronto

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53 Bayfield Street

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