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253 Hickling Trail, Barrie, ON L4M 5W9

Grove East · Barrie · ON · L4M 5W9

$599,900
$300/sqft
4 beds4 baths2,000–2,500 sqft6 parkingDetached

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253 Hickling Trail, Barrie, ON L4M 5W9Request a viewing

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 Type
Detached
Style
2-Storey
Bedrooms
4
Bathrooms
4
Square Feet
2,000–2,500
Year Built
Parking
6
Basement
Full, Finished
Taxes
$5,308/yr
Market insight: Homes in Grove East have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →