$749,900
For sale: Detached

Attention All Investors! 8 Bedroom Detach Corner Legal Rooming House Licensed With The City Of Barrie. Great turnkey operation.... Positive cash flow from day one. Always have more than 90% occupancy from last 7 years.....Located In A Quiet Neighborhood Walking Distance To Georgian College & RVH. Approx $60,000 Gross Income When Full. 3 1/2 Baths, Large Kitchen, 4 Fridges, Common Area Living/Dining Room. Washer & Dryer, Sprinkler System In Utility Room. Non-Smoking Residence. Roof, AC, Furnace, Kitchen Cabinets, Counter and Vanities are replaced in 2020. Granite : kitchen Counter and all vanities. Concrete surrounding house with Huge patio done 2023. Smooth Ceiling on Main floor and common areas on all levels with pot lights. Freshly painted whole house.
Sold data
Detached homes in Barrie (Grove East) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 42, across 316 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $749,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 316 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Grove East) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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