Space
Finished area and layout
- Living Area
- 17,000 sqft
- Building Area
- 17,000 sqft
- Bedrooms
- 0
- Bathrooms
- 6
+45 more
0
Bedrooms
6
Bathrooms
17,000 sqft
Living Area
92.05 x 214.18 ft
Lot
18
Parking
Property Snapshot
Key details for this listing
MLS #S12251612
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Basement
About This Property
This 0-bedroom, 6-bathroom multi-family in Barrie offers 17,000 sqft of living area on a 92.05 x 214.18 ft lot. 2 storeys. The property has lot dimensions of 92.1 x 214.2 FT ; 96.8x214.18x92.05x41.05x1.84x172.88 ft, cross street NORTH ST/GORVE ST, zoned RM2. The home features baseboard heaters, electric heating, a none basement.
MLS Remarks
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. (id:60351)
Inclusions
2 washers, 2 dryers, 42 mini fridges, hot water heater(s)security system of cameras and monitors currently used for surveillance if the subject property
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