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253 Hickling TrailBarrie, ON L4M 5W9

Simcoe

$599,900List price
4Beds
4Baths
2Stories

Description

"No Bidding War Here!" Great investment opportunity with this legal rooming house. This spacious 2,200 sq. ft. home features six bedrooms and is currently occupied by five tenants, with one room vacant, offering immediate income growth potential. Current rental income totals $3,006 per month. The property includes a two-car garage, a fully fenced backyard, and a finished basement of approximately 900 sq. ft., providing additional usable living space. The original living room and family room have been converted into bedrooms to maximize rental potential, while the original dining room now serves as a shared living area. Tenants also enjoy access to a shared eat-in kitchen. Operating costs are reasonable, with 2025 utility expenses totaling approximately $1,600 for hydro, $1,532 for gas, and $2,330 for water. This well-maintained legal rooming house offers strong cash-flow potential and is an excellent opportunity for investors seeking a turnkey income property with room for increased revenue through full occupancy.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
2-Storey
Stories
2
Lot dimensions
39.37x120.41
Parking spaces
6
MLS® Listing#
S13433222

Property Features

Cooling
None
Heating
Natural Gas · Forced Air
Fireplace
Gas
Basement
Full · Finished
Pool
None
Parking
Attached
Lot features
Greenbelt · Level
Construction
Brick
Roof
Asphalt
Utilities
Cable Available

Rooms

Sub-Basement

  • Bathroom0.0 x 0.0

Second

  • Bathroom0.0 x 0.0
  • Bedroom3.7 x 2.99
  • Bedroom3.95 x 2.77
  • Bedroom3.1 x 3.66
  • Master Bedroom5.15 x 3.45

Main

  • Bathroom0.0 x 0.0
  • Dining Room4.05 x 2.65
  • Family Room6.0 x 3.25
  • Kitchen5.5 x 3.4
  • Living Room6.4 x 3.22

Financial Details

Annual taxes
$5,308Tax year 2025
Parcel number
588310016

Directions

Grove St to Johnson St to Hickling Trail

Listing Courtesy: RE/MAX REALTRON REALTY INC. - 9058981211

Information located on this site is from sources believed to be reliable but should not be relied upon without verification. The Ottawa Real Estate Board assumes no responsibility for its accuracy. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.F119

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