24 North Street N Barrie, Ontario L4M 2R9

6 Bathroom 5,000 - 100,000 ft2
Baseboard Heaters

$2,588,888

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:59714)

Property Details

MLS® Number S12251612
Property Type Multi-family
Community Name Wellington
Parking Space Total 18

Building

Bathroom Total 6
Age 31 To 50 Years
Appliances Dryer, Alarm System, Water Heater, Two Washers, Refrigerator
Basement Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 214 Ft ,2 In
Size Frontage 92 Ft ,1 In
Size Irregular 92.1 X 214.2 Ft ; 96.8x214.18x92.05x41.05x1.84x172.88 Ft
Size Total Text 92.1 X 214.2 Ft ; 96.8x214.18x92.05x41.05x1.84x172.88 Ft|under 1/2 Acre
Zoning Description Rm2

https://www.realtor.ca/real-estate/28534771/24-north-street-n-barrie-wellington-wellington

Contact Us

Contact us for more information

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George Patrick Nagel
Salesperson

(705) 721-9111

Century 21 B.j. Roth Realty Ltd.
355 Bayfield Street, Unit 5, 106299 & 100088
Barrie, Ontario L4M 3C3

(705) 721-9111
(705) 721-9182
bjrothrealty.c21.ca/

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