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About the Listing 498508 -
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.
Listing Highlights
Status
Active
Days on Site
34
Property Type
Residential
MLS ®
S13433222
Year Built
Total Square Footage
2,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces: Natural Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other: Floor Drain
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others: Greenbelt/Conservation,Park,Public Transit,School
- Sewer: Sewer
- Parking Features: Private Double,Attached,Has Garage
Financial Details
- Tax Amount: $5,308
- Taxes w/Assessments: N/A
- Tax/Property ID: 588310016
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
253 Hickling Trl Barrie, ON L4M 5W9
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