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. (id:64813)
| MLS® Number | S13433222 |
| Property Type | Single Family |
| Community Name | Grove East |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Flat Site, Conservation/green Belt, Dry |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 31 To 50 Years |
| Amenities | Fireplace(s) |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Fence Type | Fully Fenced |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft ,4 In |
| Size Frontage | 39 Ft ,4 In |
| Size Irregular | 39.4 X 120.4 Ft |
| Size Total Text | 39.4 X 120.4 Ft |
| Zoning Description | R3 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Primary Bedroom | 5.15 m | 3.45 m | 5.15 m x 3.45 m |
| Second Level | Bedroom | 3.95 m | 2.77 m | 3.95 m x 2.77 m |
| Second Level | Bedroom | 3.1 m | 3.66 m | 3.1 m x 3.66 m |
| Second Level | Bedroom | 3.7 m | 2.99 m | 3.7 m x 2.99 m |
| Second Level | Bathroom | Measurements not available | ||
| Main Level | Kitchen | 5.5 m | 3.4 m | 5.5 m x 3.4 m |
| Main Level | Living Room | 6.4 m | 3.22 m | 6.4 m x 3.22 m |
| Main Level | Dining Room | 4.05 m | 2.65 m | 4.05 m x 2.65 m |
| Main Level | Family Room | 6 m | 3.25 m | 6 m x 3.25 m |
| Main Level | Bathroom | Measurements not available | ||
| Sub-basement | Bathroom | Measurements not available |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29891075/253-hickling-trail-barrie-grove-east-grove-east
Contact us for more information
Trevor Shaw
Salesperson
(905) 898-1211
(905) 898-7345
Brandon Branch
Salesperson
(905) 898-1211
(905) 898-7345
Kristin Urbinati
Salesperson
(905) 898-1211
(905) 898-7345