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    For Sale - 37 Donald Street, Barrie, Ontario

    Est payment $4,754/mo
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    Views   2
    Time on Jump  23 day

    AI Summary *

    • Fully tenanted four-plex offering immediate cash flow and strong investment potential.
    • Completely renovated units with updated kitchens and modern bathrooms for tenant satisfaction.
    • Each unit features a private balcony for outdoor enjoyment.
    • On-site laundry facility provides additional income stream.
    • Located in a developing area with potential for growth in property value.




    Welcome to 37 donald street - a beautifully updated, fully tenanted four-plex in the heart of barrie. An exceptional investment offering a strong cap rate, immediate cash flow, and proven future upside. Units 2 and 3 have been completely renovated with brand-new bathrooms featuring modern showers, tubs, vanities and fixtures. The kitchens in these units have been fully refreshed with new flooring, updated fixtures and fresh paint, complemented by custom closets and elegant wainscoting that elevate the overall finish. Each of the four units enjoys its own private balcony, and an on-site coin-operated laundry facility adds tenant appeal along with a second stream of income. The location is already moving. Neighbouring properties have been redeveloped, positioning this asset to benefit from continued growth and rising values. So is the operating environment. Ontario's 2026 amendments to the residential tenancies act are compressing timelines at the landlord and tenant board - shorter arrears notice periods, tighter hearing procedures and a reduced review window - meaningfully lowering the carrying risk investors have shouldered in recent years. And for the buyer with a longer horizon: the fifth-unit threshold is where cmhc's mli select program begins, offering qualifying multi-unit properties up to 95% loan-to-value and amortizations as long as 50 years. Buyers are encouraged to satisfy themselves as to zoning, permitting and program eligibility. Meticulously maintained and fully leased, this turn-key four-plex delivers day-one returns in a rapidly improving neighbourhood.
    Listing IDS13786548
    Address37 Donald Street
    CityBarrie, Ontario
    Price$990,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionConcrete, Stucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Brick & Beam, Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers, Sump PumpOwnership FreeholdBasement UnfinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: ANALYST REALTY INC.

    * 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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    37 Donald Street
    Barrie , Ontario
    6 4 $990,000
    Get more info