$779,900Asking Price
Attention Investors and Multi-Generational Families! Fully licensed with the City of Barrie, this impressive 7-bedroom, 2,584 sq. ft. finished detached legal duplex presents a true turnkey opportunity with positive cash flow from day one. The property has consistently experienced strong rental demand and high occupancy under current ownership, making it a dependable income-generating asset.Ideally situated in an established neighbourhood near Georgian College and Royal Victoria Regional Health Centre, this home benefits from a prime rental location. At full occupancy, the property generates approximately $84,000 in gross annual income.Designed for functionality and tenant appeal, the property features two self-contained units, each with its own bathroom, along with two spacious kitchens, three refrigerators, and separate laundry facilities. The home is well-maintained as a non-smoking residence. The upper level offers three generously sized bedrooms, while the lower level includes three additional bedrooms. The former garage has been thoughtfully converted into additional living space, further enhancing usability and rental potential.Recent upgrades include a new roof (2021), furnace and air conditioning (2022), a newly finished basement (2025), a renovated upper-level bathroom, and a fully updated upper kitchen completed in 2026. With good standing tenants already in place, this is a seamless, income-producing investment opportunity.
Attention Investors and Multi-Generational Families! Fully licensed with the City of Barrie, this impressive 7-bedroom, 2,584 sq. ft. finished detached legal duplex presents a true turnkey opportunity with positive cash flow from day one. The property has consistently experienced strong rental demand and high occupancy under current ownership, making it a dependable income-generating asset.Ideally situated in an established neighbourhood near Georgian College and Royal Victoria Regional Health Centre, this home benefits from a prime rental location. At full occupancy, the property generates approximately $84,000 in gross annual income.Designed for functionality and tenant appeal, the property features two self-contained units, each with its own bathroom, along with two spacious kitchens, three refrigerators, and separate laundry facilities. The home is well-maintained as a non-smoking residence. The upper level offers three generously sized bedrooms, while the lower level includes three additional bedrooms. The former garage has been thoughtfully converted into additional living space, further enhancing usability and rental potential.Recent upgrades include a new roof (2021), furnace and air conditioning (2022), a newly finished basement (2025), a renovated upper-level bathroom, and a fully updated upper kitchen completed in 2026. With good standing tenants already in place, this is a seamless, income-producing investment opportunity.
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% |