24 North Street N,Barrie, ON L4M 2R9
Barrie, ON L4M 2R9
Description
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.
Details
| MLS # | S12251628 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 425 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | S12251628 074711 |
Features
| Bath(s) | 6 |
|---|---|
| SQ Feet | 17,000 |
| Acreage | 0.39 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 14569 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 1 N/S NORTH ST PL13 AKA PL114 BARRIE;PT LT2 N/S NORTH ST PL13 AKA PL114 |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Simcoe |
| City | Barrie |
| Postal Code | L4M 2R9 |
| Area | Wellington |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe |
| City | Barrie |
| Postal Code | L4M 2R9 |
| Area | Wellington |
