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    For Sale - 151 Cumberland Street, Barrie, Ontario

    Est payment $7,443/mo
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    Views   2
    Time on Jump  53 day

    AI Summary *

    • 6-unit building just steps from the waterfront and transit station.
    • Extensive recent upgrades reduce future maintenance and costs.
    • Updated common areas with new flooring and fresh paint.
    • On-site coin laundry adds extra income potential.
    • Quiet location 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. (note: unit #2 appliances are tenant-owned). This is a perfect hassle free investment for the prudent investor.
    Listing IDS13112254
    Address151 Cumberland Street
    CityBarrie, Ontario
    Price$1,550,000
    Bed / Bath11 / 6 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneAmenities Greenbelt/Conservation, Lake/Pond, Public TransitOwnership FreeholdBasement ApartmentFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel OtherSewer Sewer

    Parking 6.00
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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
    11 6 $1,550,000
    Get more info