71 COLLEGE CRESCENT new

Barrie (grove East),ON L4M2W5

$ 699000

6 Beds

2 Baths

1100 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $635

Subdivision Grove East

MLS Listing ID S12160446

Style Bungalow

Bedrooms 6

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Basement 4.09 m X 2.24 m Bedroom 3

Extra Room 2 Basement 6.04 m X 3.45 m Recreational, Games room

Extra Room 3 Basement 3.17 m X 3.07 m Bedroom

Extra Room 4 Basement 3.07 m X 3.28 m Bedroom 2

Extra Room 5 Main level 2.36 m X 2.36 m Kitchen

Extra Room 6 Main level 3.17 m X 1.96 m Dining room

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate,Tile

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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