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MLS® S12251628
Barrie, ON
This expansive 43-bedroom rooming house offers exceptional scale, versatility, and income potential. Featuring two oversized kitchens and a layout well-suited for high-capacity living, the property sits on a large lot with ample on-site parking, providing convenience for tenants and operational flexibility for the owner. Currently 75% occupied, the building offers immediate cash flow with significant upside-allowing you to select and place additional tenants of your choosing to optimize revenue. With its configuration and proximity to the local college, the property may also be an excellent candidate for student housing, offering strong demand and consistent rental performance. The main building is in good condition, supporting both turnkey operation and future value-add strategies. Please note that the 3-bedroom home at the front of the property is not included in this sale, as it is currently in the process of being severed. Lot dimensions shown are from GeoWarehouse and will be reduced upon completion of the severance. This is a rare opportunity to acquire a high-capacity residential investment with substantial growth potential in a desirable location.
Inclusions
2 washers, 2 dryers, 42 mini fridges, hot water heater(s)security system of cameras and monitors currently used for surveillance if the subject property
Broker
CENTURY 21 B.J. ROTH REALTY LTD.
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Investment
24 North Street N Barrie
Barrie
Built
31-50
Type
Investment
Parking
None
Property Tax
~$14,569/yr
Heating
Baseboard
Buying Essentials
Square Feet
17000 sqft
Parking
None
Finances
List Price
$2,588,888
Price per SQFT
$152/sqft
Property Tax
~$14,569/yr
Property Specs
Property Type
Investment
MLS Size
17000 sqft
Age of Building
31-50
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Barrie
Listed On
Jun 28, 2025
Days on Market
Current: 497 days
Room information is not available for this listing.
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