3 Hickling Trail, Barrie, ON L4M 5V7 (Johnson Street)
$ 799000 - MLS : S12791386

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Description

Attention Investors and Multi-Generational Families. Fully licensed with the City of Barrie, this 7-bedroom 2584 Finished square foot detached legal duplex offers a true turnkey investment with positive cash flow from day one. The property has maintained consistently strong demand with high occupancy since ownership, making it a reliable income-producing opportunity. Located in a established neighbourhood located close to Georgian College and Royal Victoria Regional Health Centre (RVH), this home benefits from an exceptional rental location. When fully occupied, it generates approximately $84,000 in gross annual income. The property features two self-contained units with two bathrooms, one on each level, two large kitchens, three refrigerators, separate laundry facilities, and is maintained as a non-smoking residence. The upper level offers three well-appointed bedrooms, while the lower level includes three additional bedrooms. The former garage has been converted into additional living space, enhancing functionality and rental appeal. Significant updates include a new roof in 2021, furnace and air conditioning in 2022, a newly finished basement in 2025, a renovated upstairs bathroom, and a fully updated upstairs kitchen completed in 2026. Good standing tenants currently in place.

Location Description

Johnson Street

Property Detail

Facts and Features

Amenities

Listing Contracted With: PARKER COULTER REALTY BROKERAGE INC.