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$678,000Asking 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 Barrie's most desirable and high-demand locations.

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 Barrie's most desirable and high-demand locations.

  OPEN HOUSE
  VIRTUAL TOUR

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 #S12337892
  • SAVE MAX SUPERSTARS

Extras

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

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%