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For Sale

24 North Street, Barrie, ON L4M 2R9

$2,588,888

24 North Street, Barrie — MLS S12251628
24 North Street photo 224 North Street photo 324 North Street photo 424 North Street photo 524 North Street photo 624 North Street photo 724 North Street photo 824 North Street photo 9
Baths
6
Sqft
17000
Type
Investment
Style
Accommodation
Parking
18
Heating
Baseboard
A/C
No
MLS®
S12251628

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.

This investment sits in Wellington, in Barrie. Barrie is the hub of our home turf: a waterfront city on Kempenfelt Bay with commuter GO service, a growing downtown, and neighbourhoods that range from century homes near the bay to brand-new builds in the south end.

Browse more on our Barrie community page, or see every local listing at our listings search.

Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..

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