12 bedroom rooming house with countless improvements. Located steps to new condos which may make this site appealing for future development considerations with appropriate land assembly. Fully tenanted with strong income and expnese statement.
- MLS®#:
- S12251663
- Property Type:
- Investment
- Property Style:
- Area:
- Simcoe
- Community:
- City Centre
- Taxes:
- $4,955 / 2025
- Added:
- June 28 2025
- Lot Frontage:
- 56
- Lot Depth:
- 165
- Status:
- Active
- Outside:
- Year Built:
- 100+
- Brokerage:
- CENTURY 21 B.J. ROTH REALTY LTD.
- Lot :
-
165
56
BIG LOT
- Intersection:
- Mulcaster St/McDonald St
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- No
- Heating Type:
- Radiant
- Heating Fuel:
Listing Details
Insights
- **Prime Location**: Situated in the City Centre of Barrie, this property is just steps away from new condominiums, making it a strategic investment for potential future development.
- **Strong Income Potential**: The property is fully tenanted, providing a reliable income stream, with a strong income and expense statement available for review.
- **Recent Improvements**: The 12-bedroom rooming house has undergone countless improvements, enhancing its appeal and potentially increasing its value over time.
Neighborhood Overview
Complete neighborhood profile for 63 Mcdonald Street
City Centre home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in City Centre
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
