40 Blair Crescent, Barrie, ON L4M 5Y6
$749,900
$749,900

40 Blair Crescent

Grove East, Barrie, Simcoe $749,900

Make an offer

8 Beds
4 Baths
1500-2000 sqft
Attached Garage
Parking for 2
North Facing
MLS®#:
S12870222
Property Type:
Detached
Property Style:
2-Storey
Area:
Simcoe
Community:
Grove East
Taxes:
$4,955.25 / 2025
Added:
March 11 2026
Lot Frontage:
11.99
Lot Depth:
33.5
Status:
Active
Outside:
Brick
Year Built:
Basement:
Finished
Brokerage:
HOMELIFE/MIRACLE REALTY LTD
Lot :

33

11

Intersection:
Johnson to Mayor to Blair
Rooms:
Bedrooms:
8
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Kitchen 3.15 x 9.04m

Main Level
Bedroom 3.32 x 3.02m

Main Level
Living Room 2.71 x 4.85m

Main Level
Laundry 0

Main Level
Primary Bedroom 5.33 x 4.72m

Upper Level
Bedroom 3.32 x 2.71m

Upper Level
Bedroom 3.32 x 2.89m

Upper Level
Bedroom 3.81 x 2.89m

Upper Level
Bedroom 2.71 x 3.63m

Lower Level

Listing Details

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.

Stove, refrigerator (2), washer / dryer, light fixtures

Insights

  1. Strong Rental Income Potential: This property is a licensed rooming house with a proven track record of over 90% occupancy for the past 7 years, generating approximately $60,000 in gross income when fully occupied, making it an attractive investment for cash flow.
  2. Recent Upgrades and Maintenance: Significant renovations were completed in 2020, including a new roof, AC, furnace, kitchen cabinets, and countertops, ensuring lower maintenance costs and enhanced appeal for tenants.
  3. Prime Location: Situated in a quiet neighborhood within walking distance to Georgian College and RVH, this property is ideally located to attract students and healthcare professionals, further enhancing its rental appeal.

Sale/Lease History of 40 Blair Crescent

View all past sales, leases, and listings of the property at 40 Blair Crescent.

Neighborhood Overview

Complete neighborhood profile for 40 Blair Crescent

Grove East home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Grove East

Insights for 40 Blair Crescent

View the highest and lowest priced active homes, recent sales on the same street and postal code as 40 Blair Crescent, and upcoming open houses this weekend.

* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)