A rare opportunity to acquire a cornerstone asset in the heart of downtown. This well-maintained professional office building has been home to RBC exclusively since 1982, offering long-standing stability and exceptional tenant covenant strength. The property features 6,306 SF of bright above-ground office space across two levels, complemented by an additional 1,470 SF of functional basement storage.The current RBC lease is in place until the end of October 2027 and includes three renewal options, providing investors with both immediate income continuity and future upside potential. Built in 1971 and zoned C1-2, the building sits in a high-visibility, high-demand commercial corridor with strong foot traffic and excellent accessibility.This is an exceptional opportunity for investors seeking secure cash flow, a reputable national tenant, and long-term value in a prime downtown location. Full lease documentation is available upon execution of a Confidentiality Agreement.
Address
22 Clapperton Street
List Price
$2,300,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
Barrie
Sub-Area
City Centre
Region
Simcoe
Lot Size Source
MPAC
Lot Depth
52
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
72.01
Parcel Number
588170053
Total Building Area
7776
Occupant Type
Tenant
Cross Street
Collier St & Clapperton St
Approx. Age
51 - 99 Years
MLS® Number
S12590872
Listing Brokerage
CHARISSA REALTY INC.
Basement
Yes
Postal Code
L4M 1G4
Posession Details
Flexible
Tax Amount
$31,499.87
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 62 S/S COLLIER ST PL 2 BARRIE AS IN RO389934; BARRIE
Security Features
No
Sewer
Sanitary+Storm