253, Hickling, Grove East, Barrie, Residential Freehold
- 4 beds |
- 4 baths |
- 2000-2500 SQFT
Description
Residential Freehold Detached For Sale.
"No Bidding War Here!" 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.
Property Features: Greenbelt/Conservation, Park, Public Transit, School
Interior Features: Floor Drain
Cross Street: Grove St to Johnson St to Hickling Trail
Direction Faces: North
Key Facts
- Days on: 0 days
- Mls Status: Sold Conditional
- Bedrooms Total: 4
- Bedrooms Above Grade: 4
- Den / Family Room: Yes
- Bathrooms Total Integer: 4
- Lot Width: 39.37
- Kitchens Total: 1
- Parking Total: 6
- Parking Spaces: 4
- Parking Features: Private Double
- Garage Type: Attached
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: None
- Living Area Range: 2000-2500 Square Feet
Location 253, Hickling, Grove East, Barrie
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