24 North ST N, Barrie, ON L4M 2R9
24 North ST N, Barrie, ON L4M 2R9
24 North ST N, Barrie, ON L4M 2R9
24 North ST N, Barrie, ON L4M 2R9
24 North ST N, Barrie, ON L4M 2R9
24 North ST N, Barrie, ON L4M 2R9
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 2,588,888
Est. payment | /mo

6 Baths

17,000 SqFt

Save
$ 2,588,888
Est. payment | /mo
Save

6 Baths

17,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $152

Subdivision Wellington

MLS Listing ID S12251628

Annual Tax Amount $14,569

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Zoning RM2

Rooms

Kitchen 3

Interior

Cooling No

Inclusions 2 washers, 2 dryers, 42 mini fridges, hot water heater(s)security system of cameras and monitors currently used for surveillance if the subject property

Exterior

Parking Features None

Utilities Available Yes

Building

Building Age 31-50

Lot Description Lot

Lited by CENTURY 21 B.J. ROTH REALTY LTD.

Nearby Locations

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24 North ST N

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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