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$ 699,000

71 COLLEGE Crescent, Barrie, ON L4M 2W5

Barrie, ON, L4M 2W5

MLS® Number : S12160446

6 Beds / 2 Baths / 3 Parking

Lot Front: 40.75 Feet / Lot Depth: 110.52 Feet

Description

You cant get any closer to campus literally steps through the back gate! This well-maintained 6-bedroom, 2-bathroom home (3+3 layout) with a separate basement entrance is a rare opportunity for investors or large families seeking space, flexibility, and income potential. The upper level is currently leased, generating immediate rental income. When fully rented, the property delivers a positive cash flow of approximately $1,400/month, making it a strong performer in any portfolio. The home fully complies with fire code, ESA, HVAC, zoning, and property standards, including BLR certification (Boarding, Lodging & Rooming House). A fire-suppression system in the HVAC room and upgraded 400-AMP electrical service offer added safety and infrastructure for high-occupancy use. Rooming house potential and duplex capability make this property ideal for maximizing rental yield. Major recent upgrades include: Brand-new kitchen (2025) New roof with waterproofing New washer/dryer and fridge The spacious, flexible layout spans two levels with a private basement entrance perfect for extended family, tenants, or a legal secondary suite. A large pie-shaped backyard offers ample space for kids, pets, or future improvements. Located just minutes from Georgian College, Royal Victoria Hospital, Hwy 400, transit, and everyday essentials this is a turnkey, cash-flowing investment in one of Barries most desirable and high-demand locations.

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Property Type

Detached

Neighbourhood

Grove East

Garage Spaces

3

Property Taxes

$ 4,644.67

Area

Simcoe

Additional Details

Building

Bedrooms

6

Bathrooms

2

Utilities

Water

Municipal

Sewer

Sewer

Features

Kitchen

1

Family Room

Yes

Basement

Separate Entrance, Finished

Fireplace

No

External Features

External Finish

BrickBrick Front

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit

Cooling And Heating

Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information

Days On Market

0 Days

Rooms

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