253 Hickling Tr, Barrie, Ontario L4M 5W9
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$269/sqft
Monthly cost
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Description
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.
Property Details
Interior
Features
Main Floor
Kitchen
5.5 x 3.4Living
6.4 x 3.22Dining
4.05 x 2.65Family
6.0 x 3.25Exterior
Features
Parking
Garage spaces 2
Garage type Attached
Other parking spaces 4
Total parking spaces 6
Property History
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