Johnson Street 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 (2021), furnace and air conditioning (2022), a newly finished basement (2025), 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. (id:27476)
