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    For Sale - 89 Donald Street, Barrie, Ontario

    Est payment $5,474/mo
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    Time on Jump  10 day

    AI Summary *

    • Legal 4-plex generating over $60,000 in annual rental income.
    • Three 2-bedroom units and one 1-bedroom unit for diverse tenant options.
    • Oversized lot with parking for up to 8 vehicles, offering expansion opportunities.
    • Reliable tenants with a history of on-time payments ensure smooth ownership.
    • Prime location near downtown, parks, and public transit in a desirable neighborhood.




    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 and generates over $60,000 annually in rental income, 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.
    Listing IDS13553000
    Address89 Donald Street
    CityBarrie, Ontario
    Price$1,140,000
    Bed / Bath7 / 4 Full
    StyleBungalow-Raised, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Water HeaterAmenities School Bus Route, Public Transit, Library, Golf, Fenced YardOwnership FreeholdBasement Finished, Full, ApartmentFoundation ConcreteHeating / Cooling BaseboardHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  EXP REALTY

    * 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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    89 Donald Street
    Barrie , Ontario
    7 4 $1,140,000
    Get more info