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Grove East · L4M 5V7
$749,900
MLS® #S13058952
7
Bedrooms (4+3)
2
Bathrooms
1100-1500
Sq Ft
About This Property
Attention Investors and Multi-Generational Families! Fully licensed with the City of Barrie, this impressive 7-bedroom, 2,584 sq. ft. finished detached legal duplex presents a true turnkey opportunity with positive cash flow from day one. The property has consistently experienced strong rental demand and high occupancy under current ownership, making it a dependable income-generating asset.Ideally situated in an established neighbourhood near Georgian College and Royal Victoria Regional Health Centre, this home benefits from a prime rental location. At full occupancy, the property generates approximately $84,000 in gross annual income.Designed for functionality and tenant appeal, the property features two self-contained units, each with its own bathroom, along with two spacious kitchens, three refrigerators, and separate laundry facilities. The home is well-maintained as a non-smoking residence. The upper level offers three generously sized bedrooms, while the lower level includes three additional bedrooms. The former garage has been thoughtfully converted into additional living space, further enhancing usability and rental potential.Recent upgrades include a new roof (2022), furnace and air conditioning (2022), a newly finished basement (2025), Flooring upstairs (2022), Driveway(2026) a renovated upper-level bathroom, and a fully updated upper kitchen completed in 2026. With good standing tenants already in place, this is a seamless, income-producing investment opportunity.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Exterior Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main | 13' 1" × 12' 10" |
| Living Room | Main | 13' × 8' 7" |
| Bedroom | Main | 13' 8" × 12' |
| Bedroom 2 | Main | 9' 1" × 10' 2" |
| Bedroom 3 | Main | 12' 8" × 11' 1" |
| Dining Room | Main | 12' 3" × 8' 7" |
| Bedroom 4 | Ground | 15' × 11' |
| Living Room | Lower | 15' 1" × 10' 9" |
| Kitchen | Lower | 15' × 9' |
| Bedroom 5 | Lower | 11' 2" × 15' 11" |
| Bedroom 5 | Lower | 12' 10" × 14' 7" |
| Bedroom 5 | Lower | 15' 5" × 11' 6" |
| Bathroom | Main | 0' × 0' |
| Bathroom | Lower | 0' × 0' |
Mortgage Calculator
Estimated monthly payment
$3,684
Down payment: $149,980 · Loan: $599,920
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
RE/MAX EXCELLENCE REAL ESTATE
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 29, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.