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$699,000
Available - For Sale
Listing ID: S12160446
You cant get any closer to campus literally steps through the back gate! This well-maintained 6-bedroom, 2-bathroom home (3+3 layout) with a separate basement entrance is a rare opportunity for investors or large families seeking space, flexibility, and income potential. The upper level is currently leased, generating immediate rental income. When fully rented, the property delivers a positive cash flow of approximately $1,400/month, making it a strong performer in any portfolio. The home fully complies with fire code, ESA, HVAC, zoning, and property standards, including BLR certification (Boarding, Lodging & Rooming House). A fire-suppression system in the HVAC room and upgraded 400-AMP electrical service offer added safety and infrastructure for high-occupancy use. Rooming house potential and duplex capability make this property ideal for maximizing rental yield. Major recent upgrades include: Brand-new kitchen (2025) New roof with waterproofing New washer/dryer and fridge The spacious, flexible layout spans two levels with a private basement entrance perfect for extended family, tenants, or a legal secondary suite. A large pie-shaped backyard offers ample space for kids, pets, or future improvements. Located just minutes from Georgian College, Royal Victoria Hospital, Hwy 400, transit, and everyday essentials this is a turnkey, cash-flowing investment in one of Barries most desirable and high-demand locations.
Price $699,000
Taxes: $4,644.67
Occupancy by: Tenant
Address: 71 College Cres , Barrie, L4M 2W5, Simcoe
Acreage: < .50
Directions/Cross Streets: GROVE STREET EAST & COOK STREET
Rooms: 9
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: T
Basement: Separate Ent
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 7.74 7.74 Tile Floor, Quartz Counter, B/I Appliances
Room 2: Main Dining Ro 10.40 6.43 Laminate, Combined w/Kitchen
Room 3: Main Living Ro 12.07 18.34 Laminate, Combined w/Dining, Window
Room 4: Main Bedroom 12.40 10.07 Laminate, B/I Closet, Window
Room 5: Main Bedroom 11.32 8.99 Laminate, B/I Closet, Window
Room 6: Main Bedroom 10.40 8.43 Laminate
Room 7: Basement Recreatio 19.81 11.32 Laminate
Room 8: Basement Bedroom 10.40 10.07 Laminate
Room 9: Basement Bedroom 2 10.07 10.76 Laminate
Room 10: Basement Bedroom 3 13.42 7.35 Laminate
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 3 Basement
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 3 Basement
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Brick Front
Garage Type: Attached
(Parking/)Drive: Private
Drive Parking Spaces: 2
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
Property Features: Fenced Yard
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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71 College Cres , Barrie, L4M 2W5, Simcoe


 
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: Barrie
Neighbourhood: Grove East
Style: Bungalow
Lot Size: x 110.52(Feet)
Approximate Age:
Tax: $4,644.67
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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