For Sale - 151 Cumberland Street, Barrie, Ontario

Est payment $7,443/mo
Views   1
Time on Jump  4 day
  • Turnkey 6-unit building with good rental potential near Kempenfelt Bay.
  • Recent major upgrades including roof replacement and boiler for better efficiency.
  • Common area renovation with new flooring and paint enhances appeal.
  • Additional income from updated on-site coin laundry and water heaters.
  • Located on a quiet street with ample parking and low vacancy rates.



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. 12-month financials available upon request. (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$1,550,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Radiant
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Listing Agency:  ENGEL & VOLKERS TORONTO CITY

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151 Cumberland Street
Barrie , Ontario
$1,550,000
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