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    For Sale - 24 North Street, Barrie, Ontario

    Est payment $12,432/mo
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    Views   1
    Time on Jump  291 day

    AI Summary *

    • Spacious 43-bedroom rooming house with excellent rental income potential.
    • Two oversized kitchens designed for high-capacity living and convenience.
    • Ample on-site parking offers flexibility for tenants and operations.
    • Strong demand for college student housing in the area boosts rental performance.
    • Good condition supports immediate operation with potential for future improvements.




    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.
    Listing IDS12251612
    Address24 North Street
    CityBarrie, Ontario
    Price$2,588,888
    Bath6 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 18.00
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    Listing Agency:  CENTURY 21 B.J. ROTH REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    24 North Street
    Barrie , Ontario
    6 $2,588,888
    Get more info