24 North Street N, Barrie, ON L4M 2R9
- Property tax
- $14,569 / year
This expansive 43-bedroom rooming house offers exceptional scale, versatility, and income potential. Featuring two oversized kitchens and a layout well-suited for high-capacity living, the property sits on a large lot with ample on-site parking, providing convenience for tenants and operational flexibility for the owner. Currently 75% occupied, the building offers immediate cash flow with significant upside-allowing you to select and place additional tenants of your choosing to optimize revenue. With its configuration and proximity to the local college, the property may also be an excellent candidate for student housing, offering strong demand and consistent rental performance. The main building is in good condition, supporting both turnkey operation and future value-add strategies. Please note that the 3-bedroom home at the front of the property is not included in this sale, as it is currently in the process of being severed. Lot dimensions shown are from GeoWarehouse and will be reduced upon completion of the severance. This is a rare opportunity to acquire a high-capacity residential investment with substantial growth potential in a desirable location.
- MLS number
- S12251612
- Type
- Multiplex
- Status
- Active
- Bedrooms
- 0
- Bathrooms
- 6
- Postal code
- L4M 2R9
- Photos
- 50
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Multiplex
- Style
- 2-Storey
- Class
- Residential Freehold
- Age
- 31-50
- Fronting on
- North
- Community
- Wellington
- Municipality
- Barrie
- Cross street
- NORTH ST/GROVE ST E
- Zoning
- RM2
Inside
- Bedrooms
- 0
- Bedrooms above grade
- 0
- Bathrooms
- 6
- Washrooms
- 6
- Kitchens
- 3
- Rooms above grade
- 52
- Basement
- None
- Size
- 5000 +
Building
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Parking
- Covered spaces
- 0
- Driveway spaces
- 18
- Total parking
- 18
- Features
- Other
Land
- Lot
- 92.05 × 214.18 feet
- Pool
- None
Heating, cooling and services
- Heating
- Baseboard
- Heat source
- Electric
- Cooling
- Other
- Water
- Municipal
- Sewer
- Sewer
Features
- Interior
- Other
Listing
- MLS number
- S12251612
- Status
- Extension
- Previous status
- New
- Listed on
- 2025-06-28
- Expires
- 2027-01-31
- Taxes
- $14,569 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 3 times.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Barrie North Collegiate Institute Simcoe County DSB | Secondary | 513 m | / 10 68% met the standard · 2 of 6 measures |
| Hillcrest Public School Simcoe County DSB | Elementary | 603 m | / 10 54% met the standard |
| Oakley Park Public School Simcoe County DSB | Elementary | 522 m | / 10 54% met the standard |
| Cundles Heights Public School Simcoe County DSB | Elementary | 1.1 km | / 10 58% met the standard |
| Simcoe Shores Secondary School Simcoe County DSB | Secondary | 1.7 km | Not reported |
| Maple Grove Public School Simcoe County DSB | Elementary | 1.5 km | / 10 63% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 546 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35431045 — the few blocks around this address, home to 546 people. It describes the area, not this property.
Percentages are of the 295 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.