$699,000
Available - For Sale
Listing ID: S12160446
71 College Cres , Barrie, L4M 2W5, Simcoe
| 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. |
| Price | $699,000 |
| Taxes: | $4644.67 |
| Occupancy: | Tenant |
| Address: | 71 College Cres , Barrie, L4M 2W5, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | GROVE STREET EAST & COOK STREET |
| Rooms: | 9 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | T |
| Basement: | Separate Ent, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 7.74 | 7.74 | Tile Floor, Quartz Counter, B/I Appliances |
| Room 2 | Main | Dining Ro | 10.4 | 6.43 | Laminate, Combined w/Kitchen |
| Room 3 | Main | Living Ro | 12.07 | 18.34 | Laminate, Combined w/Dining, Window |
| Room 4 | Main | Bedroom | 12.4 | 10.07 | Laminate, B/I Closet, Window |
| Room 5 | Main | Bedroom | 11.32 | 8.99 | Laminate, B/I Closet, Window |
| Room 6 | Main | Bedroom | 10.4 | 8.43 | Laminate |
| Room 7 | Basement | Recreatio | 19.81 | 11.32 | Laminate |
| Room 8 | Basement | Bedroom | 10.4 | 10.07 | Laminate |
| Room 9 | Basement | Bedroom 2 | 10.07 | 10.76 | Laminate |
| Room 10 | Basement | Bedroom 3 | 13.42 | 7.35 | Laminate |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Basement |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick, Brick Front |
| Garage Type: | Attached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Fenced Yard, Hospital |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SAVE MAX SUPERSTARS |
|
|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Detached |
| Area: | Simcoe |
| Municipality: | Barrie |
| Neighbourhood: | Grove East |
| Style: | Bungalow |
| Tax: | $4,644.67 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
