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    For Sale - 151 Cumberland Street, Barrie, Ontario

    Est payment $7,203/mo
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    Views   3
    Time on Jump  98 day

    AI Summary *

    • Turnkey 6-unit building steps from the waterfront and GO Station.
    • Recent capital improvements reduce future maintenance and enhance property value.
    • Upgraded common areas and coin laundry provide additional income opportunities.
    • Quiet cul-de-sac with ample parking and low vacancy rates.
    • Easy access to Highway 400 and Downtown Barrie amenities.




    Prime multifamily investment near kempenfelt bay! This purpose-built 6-unit building offers a rare, turnkey opportunity just steps from the allandale waterfront go station and the scenic barrie waterfront. Meticulously maintained with significant rental upside, this asset has undergone extensive recent capital improvements to minimize future capex. Major upgrades include: a full roof replacement (2023), high-efficiency boiler (2025), and a 2023 common area renovation featuring new flooring, stairs, and fresh paint throughout. Investors will benefit from additional income via the updated on-site coin laundry (2024) and two owned 50-gallon water heaters. Recent unit-specific updates include a full renovation of unit #3 (2025) and bathroom refreshes in units #3 and #6. Perfectly positioned on a quiet cul-de-sac style street with ample parking and low vacancy rates, this property provides consistent cash flow with easy access to highway 400 and downtown barrie's vibrant shops and dining. (note: unit #2 appliances are tenant-owned). This is a perfect hassle free investment for the prudent investor.
    Listing IDS13112248
    Address151 Cumberland Street
    CityBarrie, Ontario
    Price$1,500,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Radiant

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    Listing Agency:  ENGEL & VOLKERS TORONTO CITY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    151 Cumberland Street
    Barrie , Ontario
    $1,500,000
    Get more info