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Barrie,ON L4M 2W5
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Grove East
MLS Listing ID S12160446
Style Bungalow
Bedrooms 6
Annual Tax Amount $4,644
Tax Year 2024
Property Sub-Type Detached
Property Description
You cant get any closer to campus literally steps through the back gate! This well-maintained 6-bedroom, 2-bathroom home (3+3 layout) with a separate basement entrance is a rare opportunity for investors or large families seeking space, flexibility, and income potential. The upper level is currently leased, generating immediate rental income. When fully rented, the property delivers a positive cash flow of approximately $1,400/month, making it a strong performer in any portfolio. The home fully complies with fire code, ESA, HVAC, zoning, and property standards, including BLR certification (Boarding, Lodging & Rooming House). A fire-suppression system in the HVAC room and upgraded 400-AMP electrical service offer added safety and infrastructure for high-occupancy use. Rooming house potential and duplex capability make this property ideal for maximizing rental yield. Major recent upgrades include: Brand-new kitchen (2025) New roof with waterproofing New washer/dryer and fridge The spacious, flexible layout spans two levels with a private basement entrance perfect for extended family, tenants, or a legal secondary suite. A large pie-shaped backyard offers ample space for kids, pets, or future improvements. Located just minutes from Georgian College, Royal Victoria Hospital, Hwy 400, transit, and everyday essentials this is a turnkey, cash-flowing investment in one of Barries most desirable and high-demand locations.
Location
State ON
County Simcoe
Community Grove East
Area Simcoe
Zoning R2
Rooms
Family Room Yes
Basement Separate Entrance,Finished
Kitchen 1
Separate Den/Office 3
Interior
Interior Features Carpet Free
Cooling Central Air
Inclusions Fridge, Stove, Dishwasher, Washer, Dryer, All Electrical Light Fixtures.
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.75
Lot Depth 110.52
Total Parking Spaces 3
Building
Foundation Unknown
Others
Senior Community Yes
ParcelsYN No