89 DONALD STREET
Barrie (Queen's Park), Ontario
MLS® S13743588
$1,089,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13743588
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- —
1 / 52Listing 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, 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.
Property summary
- MLS® number
- S13743588
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 66 x 176 FT
- Annual property taxes
- $8,414.00
- Parking
- 8 spaces · No Garage
- Days on market
- 13 days
Features & details
- Heating
- Natural gas
- Cooling
- Window air conditioner
- Basement
- Finished, Full, Apartment in basement, Other, See Remarks, Walk-up, N/A, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Brick
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $1,089,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.