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40 Blair Crescent

Grove East / Barrie, ON L4M 5Y6

ActiveFor Sale
8 Beds
4 Baths
1,500 Sq Ft
Single Family Home

About This Property

Attention All Investors! 8 Bedroom Detach Corner Legal Rooming House Licensed With The City Of Barrie. Great turnkey operation.... Positive cash flow from day one. Always have more than 90% occupancy from last 7 years.....Located In A Quiet Neighborhood Walking Distance To Georgian College & RVH. Approx $60,000 Gross Income When Full. 3 1/2 Baths, Large Kitchen, 4 Fridges, Common Area Living/Dining Room. Washer & Dryer, Sprinkler System In Utility Room. Non-Smoking Residence. Roof, AC, Furnace, Kitchen Cabinets, Counter and Vanities are replaced in 2020. Granite : kitchen Counter and all vanities. Concrete surrounding house with Huge patio done 2023. Smooth Ceiling on Main floor and common areas on all levels with pot lights. Freshly painted whole house.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms8
Bathrooms4
Postal CodeL4M 5Y6
Last UpdatedAug 8, 2026 · 8:29 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12870222

Listed by HOMELIFE/MIRACLE REALTY LTD

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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$749,900

asking price

MLS®S12870222
TypeSingle Family Home
CityBarrie
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,662

/month · $599,920 mortgage

Down Payment20% — $149,980
Interest Rate5.5%

Amortization

Total Interest

$498,638

Total Cost

$1,098,558

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

HOMELIFE/MIRACLE REALTY LTD