REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 2,588,888
Est. payment /mo
Active
24 NORTH STREET N Barrie (wellington), ON L4M2R9
6 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Square Footage 5,000 sqft
Price per Sqft $517
Subdivision Wellington
MLS® Listing ID S12251612
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 18
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION
QUICK SEARCH





