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$799,900Asking Price

40 Blair Crescent, Barrie, ON L4M 5Y6

Grove East, Barrie

Detached
8
Bedrooms
4
Baths
4
Parking
Day on Market

Attention All Investors! 8 Bedroom Detach Corner Legal Rooming House Licensed With The City Of Barrie. Great turnkey operation.... Positive cash flow from day one. Always have more than 90% occupancy from last 7 years.....Located In A Quiet Neighborhood Walking Distance To Georgian College & RVH. Approx $60,000 Gross Income When Full. 3 1/2 Baths, Large Kitchen, 4 Fridges, Common Area Living/Dining Room. Washer & Dryer, Sprinkler System In Utility Room. Non-Smoking Residence. Roof, AC, Furnace, Kitchen Cabinets, Counter and Vanities are replaced in 2020. Granite : kitchen Counter and all vanities. Concrete surrounding house with Huge patio done 2023. Smooth Ceiling on Main floor and common areas on all levels with pot lights. Freshly painted whole house.

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Tour this home:

Attention All Investors! 8 Bedroom Detach Corner Legal Rooming House Licensed With The City Of Barrie. Great turnkey operation.... Positive cash flow from day one. Always have more than 90% occupancy from last 7 years.....Located In A Quiet Neighborhood Walking Distance To Georgian College & RVH. Approx $60,000 Gross Income When Full. 3 1/2 Baths, Large Kitchen, 4 Fridges, Common Area Living/Dining Room. Washer & Dryer, Sprinkler System In Utility Room. Non-Smoking Residence. Roof, AC, Furnace, Kitchen Cabinets, Counter and Vanities are replaced in 2020. Granite : kitchen Counter and all vanities. Concrete surrounding house with Huge patio done 2023. Smooth Ceiling on Main floor and common areas on all levels with pot lights. Freshly painted whole house.

Key Info

  • 2-Storey Detached
  • 2-Car Driveway
  • 2-Car Attached Garage
  • Johnson To Mayor To Blair
  • 1500-2000 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Electric Heating
  • Central Air

Property

  • Lot Size 11.99 x 33.5 Meters
  • Brick Exterior
  • Taxes were $4,955 in 2025
  • Possession: Immediate

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #S12294628
  • HOMELIFE/MIRACLE REALTY LTD

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.33' x 29.66'
2 Bathroom Main
3 Laundry Main
Washroom1 2-Piece Bathroom on Main Floor
Washroom2 3-Piece Bathrooms on Upper
Washroom1 3-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Barrie  (1.2)

Singles

54% of residents are
single and loving it.

54% singles

Barrie (46%)

Renters

33% of residents
are renters.

33% renters

Barrie (30%)

Education

22% of residents are
university grads.

22% university grads

Barrie (23%)

Income

Average Household Income

$97K

is the average household
income in the neighbourhood.

Barrie  ($110K)

Professions

Professions

Sales 20%
Trades 10%
Government 8%
Business 8%
Management 5%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Barrie (13%)

Birthplace - All

UK was once home to 2.5% of immigrants.
Caribbean 1.5%
India 1.0%
Jamaica 1.0%
Vietnam 0.9%

2.5% from UK
All-time

Birthplace - Recent

Jamaica was once home to 0.3% of immigrants.
Vietnam 0.2%
India 0.2%
UK 0.1%
Iran 0.1%

0.3% from Jamaica
Recent

Foreign Languages

Foreign Languages

Mandarin 2%
French 2%
Punjabi 1%
Spanish 1%
Hindi 1%

Religions

Religions

Christian 62%
Muslim 1%