277 GROVE STREET EAST

Barrie (Wellington), , L4M2R2, Canada

$1,299,900

Great Investment Property (Over 3,500 sq ft Of Living Space) With Very High Rental Income! Perfect For Investor Or You Can Move Into One Unit And Have Other Units Pay Your Mortgage! Garden Suites With A Basement Are No Longer Permitted To Be Built In Barrie So This Property Is A Unicorn. Basement Of Garden Suite Has A Legal Egress Window And Is Roughed-In (Kitchen & Laundry Hook-Ups) For A Separate Unit (Including Fire & Soundproofing Insulation And Fire-Rated Drywall--See Photos) And Has A Separate Entrance That Could Easily Be Closed Off To Make It Exclusive. Buyer To Do Due Diligence With City About Allowance Of 4th Unit. Property Has 6 Paved, Legal Parking Spaces (4/Front, 2/Back). Lower Unit Of Main House And Garden Suite Unit Were Both Built After 2018, So They Are Not Subject To Rent-Control Guidelines. Each Unit Has Its Own Hydro Meter. Garden Suite Also Has Its Own Gas & Water Meters. Each Unit Has Its Own Private Entrance, Is Completely Self-Contained And Has Its Own Laundry Unit. All Units Have Newer Appliances (All Less Than 3 Years Old), Quartz Countertops, Modern Kitchens & Bathrooms, And Luxury Vinyl Plank Flooring Throughout. Close to Hospital, Highway, Schools, Shopping, Public Transport and More! Unit A (Will Be Vacant Oct 1st - Upper: 3 Bed/1 Bath) Pays Own Hydro & 60% Gas & Water Of Main House. Unit B (Lower: 2 Bed/1 Bath) Pays Own Hydro & Is Inclusive Gas & Water. Unit C (Garden Suite: 4 Bed/2 Bath) Pays All Utilities & 33% Of Snow Removal. Net Operating Income (Income After Expenses): $73,230.61/year

EXTRAS: Refrigerator, Water meter, Water softener, Dishwasher, Stove, Microwave, Water Heater - Tankless, Water Heater

Virtual Tour: https://youtu.be/D3R2Vu0MJhA

Last updated on : Wednesday 22nd of October 2025 09:07:14 PM

ADDRESS

Street : 277 GROVE STREET EAST

City : Barrie (Wellington)

Country : Canada

Postal Code : L4M2R2

Open in Google Map

PROPERTY SUMMARY

Property ID : S12312231

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 9

Bathrooms : 4

Parking : 6

Parking Type: No Garage

Similar Properties

Multi-family

66 WELLINGTON STREET SOUTH SOUTH

Hamilton (Corktown), Ontario, L8N2R1

$1,639,000

Beds: 9Baths: 9

property Type: Other

type: Sale

SANAD NABUT
1 day ago

DETAILS

Multi-family

243 LIPPINCOTT STREET

Toronto (University), Ontario, M5S2P4

$1,300,000

Beds: 9Baths: 3

property Type: Duplex

type: Sale

TARA HUSSEIN
4 months ago

DETAILS

Multi-family

39 SECORD AVENUE

Kitchener, Ontario, N2B2C3

$1,299,900

Beds: 9Baths: 4

property Type: Fourplex

type: Sale

MIRO LUKIC
1 month ago

DETAILS

Multi-family

5880 RAMA DALTON BOUNDARY ROAD

Ramara, Ontario, L0K1W0

$949,900

Beds: 9Baths: 4

property Type: Fourplex

type: Sale

MARK FARIS
1 month ago

DETAILS

Multi-family

1-3 BONFIELD AVENUE

Toronto (The Beaches), Ontario, M4E1B9

$2,595,000

Beds: 9Baths: 7

property Type: Other

type: Sale

LES WALLACE
1 month ago

DETAILS

Inquire about this property