Kitchen (3.4 × 5.5)
Level: Main
Grove East, Barrie, Ontario L4M 5W9
"No Bidding War Here!" Great investment opportunity with this legal rooming house. This spacious 2,200 sq. ft. home features six bedrooms and is currently occupied by five tenants, with one room vacant, offering immediate income growth potential. Current rental income totals $3,006 per month. The property includes a two-car garage, a fully fenced backyard, and a finished basement of approximately 900 sq. ft., providing additional usable living space. The original living room and family room have been converted into bedrooms to maximize rental potential, while the original dining room now serves as a shared living area. Tenants also enjoy access to a shared eat-in kitchen. Operating costs are reasonable, with 2025 utility expenses totaling approximately $1,600 for hydro, $1,532 for gas, and $2,330 for water. This well-maintained legal rooming house offers strong cash-flow potential and is an excellent opportunity for investors seeking a turnkey income property with room for increased revenue through full occupancy.
Listing activity for 253 Hickling Tr, Barrie, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $599,900 | N/A | Sc | S13433222 |
Level: Main
Level: Main
Level: Main
Level: Main
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
2 Pc Bath
Level: Main
4 Pc Bath
Level: 2nd
4 Pc Bath
Level: 2nd
4 Pc Bath
Level: Sub-Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$2,750
Total monthly payment
$3,192
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$599,900
$599,900
CAD
Estimate unavailable
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.