About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	S13433222
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,000 sq ft
Beds / Baths	4 bed · 4 bath
Neighbourhood	Grove East
City	Barrie
Postal Code	L4M 5W9
Province	ON
Listed Date	June 11, 2026
Days on Market	56
Price per Sq Ft	$300
Brokerage	RE/MAX REALTRON REALTY INC.