ON
Barrie (Queen's Park)
L4N1E6
89 Donald Street
89 Donald Street, Barrie (Queen's Park), ON L4N1E6
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Listing Type
Multi Family
Listing Status
Active
48
$1,150,000

Home Details for 89 Donald Street

Price
$1,150,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Listing #
S13471982
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. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
Listing Courtesy: EXP REALTY
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EXIT REALTY APEX, BROKERAGE
135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Rupam Sharma
License #: 6001368
Sales Representative
Office
905 283 6741
Agent
289 885 5017
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