$799,000Asking Price
Attention Investors and Multi-Generational Families. Fully licensed with the City of Barrie, this 7-bedroom 2584 Finished square foot detached legal duplex offers a true turnkey investment with positive cash flow from day one. The property has maintained consistently strong demand with high occupancy since ownership, making it a reliable income-producing opportunity. Located in a established neighbourhood located close to Georgian College and Royal Victoria Regional Health Centre (RVH), this home benefits from an exceptional rental location. When fully occupied, it generates approximately $84,000 in gross annual income. The property features two self-contained units with two bathrooms, one on each level, two large kitchens, three refrigerators, separate laundry facilities, and is maintained as a non-smoking residence. The upper level offers three well-appointed bedrooms, while the lower level includes three additional bedrooms. The former garage has been converted into additional living space, enhancing functionality and rental appeal. Significant updates include a new roof in 2021, furnace and air conditioning in 2022, a newly finished basement in 2025, a renovated upstairs bathroom, and a fully updated upstairs kitchen completed in 2026. Good standing tenants currently in place.
Attention Investors and Multi-Generational Families. Fully licensed with the City of Barrie, this 7-bedroom 2584 Finished square foot detached legal duplex offers a true turnkey investment with positive cash flow from day one. The property has maintained consistently strong demand with high occupancy since ownership, making it a reliable income-producing opportunity. Located in a established neighbourhood located close to Georgian College and Royal Victoria Regional Health Centre (RVH), this home benefits from an exceptional rental location. When fully occupied, it generates approximately $84,000 in gross annual income. The property features two self-contained units with two bathrooms, one on each level, two large kitchens, three refrigerators, separate laundry facilities, and is maintained as a non-smoking residence. The upper level offers three well-appointed bedrooms, while the lower level includes three additional bedrooms. The former garage has been converted into additional living space, enhancing functionality and rental appeal. Significant updates include a new roof in 2021, furnace and air conditioning in 2022, a newly finished basement in 2025, a renovated upstairs bathroom, and a fully updated upstairs kitchen completed in 2026. Good standing tenants currently in place.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.09' x 12.83' | |
| 2 | Kitchen | Lower | 14.99' x 8.99' | |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Lower | ||||
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Grove East, Barrie is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of youth aged 15 to 24 and adults aged 25 to 34.
Kids Per Family
1.2
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Barrie (46%)
33%
of residents
are renters.
33% renters
Barrie (30%)
22%
of residents are
university grads.
22% university grads
Barrie (23%)Average Household Income
$97K
is the average household
income in the neighbourhood.
Professions
| Sales | 20% |
| Trades | 10% |
| Government | 8% |
| Business | 8% |
| Management | 5% |
12%
of residents were
born outside of Canada.
12% immigrants
Barrie (13%)2.5% from UK
All-time
0.3% from Jamaica
Recent
Foreign Languages
| Mandarin | 2% |
| French | 2% |
| Punjabi | 1% |
| Spanish | 1% |
| Hindi | 1% |
Religions
| Christian | 62% |
| Muslim | 1% |