$1,299,900Asking Price
277 Grove Street E, Barrie, ON L4M 2R2
Wellington, Barrie
Great Investment Property (Over 3,500 sq ft Of Living Space) With Very High Rental Income! Perfect For Investor Or You Can Move Into One Unit And Have Other Units Pay Your Mortgage! Garden Suites With A Basement Are No Longer Permitted To Be Built In Barrie So This Property Is A Unicorn. Basement Of Garden Suite Has A Legal Egress Window And Is Roughed-In (Kitchen & Laundry Hook-Ups) For A Separate Unit (Including Fire & Soundproofing Insulation And Fire-Rated Drywall--See Photos) And Has A Separate Entrance That Could Easily Be Closed Off To Make It Exclusive. Buyer To Do Due Diligence With City About Allowance Of 4th Unit. Property Has 6 Paved, Legal Parking Spaces (4/Front, 2/Back). Lower Unit Of Main House And Garden Suite Unit Were Both Built After 2018, So They Are Not Subject To Rent-Control Guidelines. Each Unit Has Its Own Hydro Meter. Garden Suite Also Has Its Own Gas & Water Meters. Each Unit Has Its Own Private Entrance, Is Completely Self-Contained And Has Its Own Laundry Unit. All Units Have Newer Appliances (All Less Than 3 Years Old), Quartz Countertops, Modern Kitchens & Bathrooms, And Luxury Vinyl Plank Flooring Throughout. Close to Hospital, Highway, Schools, Shopping, Public Transport and More! Unit A (Will Be Vacant Oct 1st - Upper: 3 Bed/1 Bath) Pays Own Hydro & 60% Gas & Water Of Main House. Unit B (Lower: 2 Bed/1 Bath) Pays Own Hydro & Is Inclusive Gas & Water. Unit C (Garden Suite: 4 Bed/2 Bath) Pays All Utilities & 33% Of Snow Removal. Net Operating Income (Income After Expenses): $73,230.61/year
Great Investment Property (Over 3,500 sq ft Of Living Space) With Very High Rental Income! Perfect For Investor Or You Can Move Into One Unit And Have Other Units Pay Your Mortgage! Garden Suites With A Basement Are No Longer Permitted To Be Built In Barrie So This Property Is A Unicorn. Basement Of Garden Suite Has A Legal Egress Window And Is Roughed-In (Kitchen & Laundry Hook-Ups) For A Separate Unit (Including Fire & Soundproofing Insulation And Fire-Rated Drywall--See Photos) And Has A Separate Entrance That Could Easily Be Closed Off To Make It Exclusive. Buyer To Do Due Diligence With City About Allowance Of 4th Unit. Property Has 6 Paved, Legal Parking Spaces (4/Front, 2/Back). Lower Unit Of Main House And Garden Suite Unit Were Both Built After 2018, So They Are Not Subject To Rent-Control Guidelines. Each Unit Has Its Own Hydro Meter. Garden Suite Also Has Its Own Gas & Water Meters. Each Unit Has Its Own Private Entrance, Is Completely Self-Contained And Has Its Own Laundry Unit. All Units Have Newer Appliances (All Less Than 3 Years Old), Quartz Countertops, Modern Kitchens & Bathrooms, And Luxury Vinyl Plank Flooring Throughout. Close to Hospital, Highway, Schools, Shopping, Public Transport and More! Unit A (Will Be Vacant Oct 1st - Upper: 3 Bed/1 Bath) Pays Own Hydro & 60% Gas & Water Of Main House. Unit B (Lower: 2 Bed/1 Bath) Pays Own Hydro & Is Inclusive Gas & Water. Unit C (Garden Suite: 4 Bed/2 Bath) Pays All Utilities & 33% Of Snow Removal. Net Operating Income (Income After Expenses): $73,230.61/year
See MoreKey Info
- Bungalow Triplex
- 4+ Parking
- No Garage
- Grove and Duckworth
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,974 in 2025
- Possession: Immediate
Details
- Brick Exterior
- No Fireplace
- 3 + 1 Kitchens
- MLS #S12312231
- EXP REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Wellington, Barrie is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
55%
of residents are
single and loving it.
55% singles
Barrie (46%)Renters
46%
of residents
are renters.
46% renters
Barrie (30%)Education
22%
of residents are
university grads.
22% university grads
Barrie (23%)Income
Average Household Income
$83K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 19% |
| Trades | 10% |
| Business | 8% |
| Government | 8% |
| Management | 5% |
Immigrants
8%
of residents were
born outside of Canada.
8% immigrants
Barrie (13%)Birthplace - All
2.7% from UK
All-time
Birthplace - Recent
0.2% from South Korea
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Polish | 1% |
| Gujarati | 1% |
| Spanish | 1% |
| Hindi | 1% |
Religions
Religions
| Christian | 60% |
| Muslim | 1% |
| Jewish | 1% |
| Buddhist | 1% |
