89 DONALD STREET, Barrie, Ontario L4N 1E6
$1,089,000.00
- 7 bedrooms
- 4 bathrooms
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, 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 ... read more
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, 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. (id:25417)
- Listing ID: S13743588
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Lot Size: | 66 by 176 FT Landscaped |
| Parking: | No Garage 8 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Fourplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace and Window Air Conditioner Natural Gas |
| Exterior: | Brick |
| Basement: | N/A, N/A (Finished), N/A (Other, See Remarks), N/A, Full |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Barrie |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 2.44 m x 2.13 m |
| Dining room | Second level | 1.83 m x 1.83 m |
| Living room | Second level | 3.66 m x 3.05 m |
| Bedroom | Second level | 3.66 m x 4.27 m |
| Bedroom 2 | Second level | 3.66 m x 3.35 m |
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