$2,588,888
FOR SALE

Business for Sale

Lot: 92 x 214.17 ft

24 North Street N
Barrie (Wellington), ON L4M 2R9

This expansive 43-bedroom rooming house offers exceptional scale, versatility, and income potential. Featuring two oversized kitchens and a layout well-suited for high-capacity living, the property sits on a large lot with ample on-site parking, providing convenience for tenants and operational flexibility for the owner. Currently 75% occupied, the building offers immediate cash flow with significant upside-allowing you to select and place additional tenants of your choosing to optimize revenue. With its configuration and proximity to the local college, the property may also be an excellent candidate for student housing, offering strong demand and consistent rental performance. The main building is in good condition, supporting both turnkey operation and future value-add strategies. Please note that the 3-bedroom home at the front of the property is not included in this sale, as it is currently in the process of being severed. Lot dimensions shown are from GeoWarehouse and will be reduced upon completion of the severance. This is a rare opportunity to acquire a high-capacity residential investment with substantial growth potential in a desirable location. (id:47421)
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Listed By CENTURY 21 B.J. ROTH REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S12251628
Last Updated Apr 14, 2026
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community Wellington
Price History

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Detailed Information
Bathrooms 6
Lot 92 x 214.17 ft
Farm Type Other
Listing Contract Date 2025-06-28
Location Description Cross Streets: NORTH ST/GORVE ST. ** Directions: North on Bayfield St turn mright on Grove St E, left on Nofrht St.
# of Parking Spaces 18
Property Type Business
Transaction Type For sale
Zoning Description RM2
Building
Age 31 to 50 years
Appliances Dryer, Alarm System, Water Heater, Two Washers
Cooling Type None
Heating Type Baseboard heaters
Utility Water Municipal water
Land
Total Size 92.05 x 214.18 FT ; 96.8x214.18x92.05x41.05x1.84x172.88 ft
Size of Irregular Land 92.05 x 214.18 FT ; 96.8x214.18x92.05x41.05x1.84x172.88 ft

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