Barrie L4M 5W9 Ontario
MLS: S13433222
Added 15 days ago | For Sale
Listed by: RE/MAX REALTRON REALTY INC.
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | 18 ft, 1 in x 11 ft, 2 in | |
| Living Room | 21 ft x 10 ft, 7 in | ||
| Dining Room | 13 ft, 3 in x 8 ft, 8 in | ||
| Family Room | 19 ft, 8 in x 10 ft, 8 in | ||
| Bathroom | 2 Pc Bath | 0 ft x 0 ft | |
| Second | Primary Bedroom | 16 ft, 11 in x 11 ft, 4 in | |
| Bedroom | 13 ft x 9 ft, 1 in | ||
| Bedroom | 10 ft, 2 in x 12 ft | ||
| Bedroom | 12 ft, 2 in x 9 ft, 10 in | ||
| Bathroom | 4 Pc Bath | 0 ft x 0 ft | |
| Bathroom | 4 Pc Bath | 0 ft x 0 ft | |
| Sub-Basement | Bathroom | 4 Pc Bath | 0 ft x 0 ft |
No property rooms available.
