7 Weeks Ago

$699,000Asking Price

71 College Crescent, Barrie, ON L4M 2W5

Grove East, Barrie

Detached
3 + 3
Bedrooms
2
Baths
3
Parking
Days on Market

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.

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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.

Key Info

  • Bungalow Detached
  • 2-Car Driveway
  • 1-Car Attached Garage
  • GROVE STREET EAST & COOK STREET
  • 1100-1500 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 40.75 x 110.52 Feet
  • < .50 Acreage
  • Brick/Brick Front Exterior
  • No Waterfront Access
  • Taxes were $4,644 in 2024
  • Possession: TBD

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #S12160446
  • SAVE MAX SUPERSTARS

Extras

Room Floor Dimensions Details
1 Kitchen Main 7.74' x 7.74' Tile Floor, Quartz Counter, Built-in Appliances
Washroom1 3-Piece Bathroom on Main Floor
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.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Barrie  (1.2)

Singles

Created with Highcharts 7.1.2Highcharts.com

54% of residents are
single and loving it.

54% singles

Barrie (46%)

Renters

Created with Highcharts 7.1.2Highcharts.com

33% of residents
are renters.

33% renters

Barrie (30%)

Education

Created with Highcharts 7.1.2Highcharts.com

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

Created with Highcharts 7.1.2Highcharts.com

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%