$599,900
Est. payment $2,656/moCalculate yours
253 Hickling Trail, Barrie, ON L4M 5W9
Grove East, Barrie, ON L4M 5W9
- 4 Beds
- 4 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of RE/MAX REALTRON REALTY INC. MLS® S13433222
About this home
“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 details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- Sold Conditional
- Approximate Age
- 31-50
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 39.37 x 120.41 Feet
- Parking
- Attached garage · 6 total
- Zoning
- R3
Financial
- Property Taxes
- $5,308 (2025)
Location
- Neighbourhood
- Grove East
- Cross Street
- Grove St to Johnson St to Hickling Trail
- Direction Faces
- North
Listing
- MLS® Number
- S13433222
- Days on Market
- 129
- Listed On
- 2026-06-11
- Possession
- TBD
- Listed By
- RE/MAX REALTRON REALTY INC.
Rooms
Features
Interior
- Floor Drain
Property
- Greenbelt/Conservation
- Park
- Public Transit
- School
Pool
- None
- Included
- Fridge, Stove, Washer, Dryer
- Excluded
- Tenants Belongings
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$2,656 per month
- Principal and interest
- $2,656
- Property tax
- $442
- Condo fees
- $0
- Estimated monthly cost
- $3,099
Your mortgage
- Mortgage amount
- $479,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,948
Cash to close
- Down payment
- $119,980
- Land transfer tax
- $8,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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