89 Donald ST, Barrie, ON L4N 1E6
89 Donald ST, Barrie, ON L4N 1E6
89 Donald ST, Barrie, ON L4N 1E6
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Andrew Ahmed

Andrew Ahmed

Executive Homes Realty Inc.

+1(416) 619-5278
$1,140,000
Est. payment /mo
7 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Queen'S Park

MLS Listing ID S13553000

Style Bungalow-Raised

Bedrooms 7

Annual Tax Amount $8,414

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space and generates over $60,000 annually in rental income, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room Yes

Basement Finished, Full, Apartment

Kitchen 4

Interior

Interior Features Water Heater

Cooling Other

Fireplace Yes

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 176.0

Total Parking Spaces 8

Building

Unit Features School Bus Route,Public Transit,Library,Golf,Fenced Yard

Foundation Concrete

Others

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://www.winsold.com/tour/464236

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Listed by EXP REALTY

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89 Donald ST