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For Sale

24 North Street N

24 North Street N, Barrie, ON L4M 2R9

$2,588,888 CAD
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.

6
baths

17,000 Sq.Ft. LIVING AREA

Features & Amenities

Interior

  • Total bathrooms6

Area & Lot

  • Status For Sale
  • Living Area17,000 Sq.Ft.
  • Total Area17,000 Sq.Ft.
  • MLS® IDS12251628
  • TypeCommercial
  • NeighborhoodOro-Medonte

Exterior

  • utilitiesYes
  • HEAT TYPEBaseboard
  • AIR CONDITIONINGNo

Financial

  • Sales Price$2,588,888 CAD
  • Real Estate Tax $14,569 CAD/yr
24 North Street N
24 North Street N

Building is in good condition and could also be ideal for student housing with its layout and proximity to the college.

– R.J. Hill
24 North Street N
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 24 North Street N, Barrie, ON L4M 2R9. We are reviewing your request and will be in touch shortly!
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Oro-Medonte

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Contact Details

R.J. Hill

Phone

(705) 955-0080

Email

[email protected]

Address

450 West St N Orillia ON L3V 5E8

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