89 Donald Street

Barrie, ONMulti-family
$1,069,000
MLS® S13816208
Multi-family7 beds4 baths8 total
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About This Property

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, 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. (id:63604)

Key Facts

Type
Multi-family
Beds
7
Baths
4
Size
3,500 sqft
Lot
66 x 176 FT
Parking
8 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Water Heater
Property Details 17 details
Bedrooms
7 bedrooms
4 above grade + 3 below grade
Bathrooms
4 bathrooms
Parking
8 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family · Raised bungalow · Attached
Property subtype
Multi-family
Structure type
Fourplex
Architectural style
Raised bungalow
Attached status
Attached
Storeys
1
Basement
Finished, Full, Apartment in basement, Separate entrance, Other, See Remarks, Walk-up
Heating
Natural gas
Cooling
Window air conditioner
Fireplace
Yes
Lot dimensions
66 x 176 FT
Frontage
66 feet
Taxes
$8,414.00 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerWater Heater

Exterior features

BrickConcrete

Systems and association

Controlled entry
Rooms 5 rooms
Level
Room
Dimensions
Second level
Kitchen
2.44 m x 2.13 m
Second level
Dining room
1.83 m x 1.83 m
Second level
Living room
3.66 m x 3.05 m
Second level
Bedroom
3.66 m x 4.27 m
Second level
Bedroom 2
3.66 m x 3.35 m

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Mortgage & Affordability Estimate monthly costs
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Purchase price$1,069,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Queen's Park
City
Barrie
Postal code
L4N 1E6
Nearby
Cross Streets: Donald and wellington. ** Directions: On Donald st, off boys st.
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