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NATALIA BIRNBAUM

natalia@ilookoutforyou.ca +1(647) 847-5665

$ 2,588,888

Est. payment | -/mo

6 Baths

Save

$ 2,588,888

Est. payment | -/mo

Save

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Wellington

MLS Listing ID S12251612

Style 2-Storey

Annual Tax Amount $14,569

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement None

Kitchen 3

Interior

Interior Features Other

Cooling Other

Fireplace No

Heat Source Electric

Exterior

Parking Features Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 92.05

Lot Depth 214.18

Total Parking Spaces 18

Building

Building Age 31-50

Foundation Concrete

Others

ParcelsYN No

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

NEARBY SCHOOLS & PROPERTIES

MY BLOGS

"My job is to guide clients through the intricate process of buying or selling real estate with expertise, integrity, and unwavering dedication, ensuring their goals are not just met but exceeded as they embark on their journey towards homeownership and financial prosperity."

+1(647) 847-5665

natalia@ilookoutforyou.ca

938 Eglinton Ave W, Toronto, M6C 2C2, Canada

24 North ST N Barrie, ON L4M 2R9

NATALIA BIRNBAUM

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

EXCLUSIVE

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LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

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24 North ST N

24 North ST N Barrie, ON L4M 2R9

NATALIA BIRNBAUM

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

EXCLUSIVE

GOODBYE BIDDING WARS!Sign up now to receive notifications when we have off-market properties that match your criteria.

MY BLOGS

LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

HOW CAN WE HELP?

Go tour this home

24 North ST N

GOODBYE BIDDING WARS!
Sign up now to receive notifications when we have off-market properties that match your criteria.