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About the Listing 285400 -
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 Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
S13553000
Year Built
Total Square Footage
3,500
Lot/Acreage
0.27
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Apartment
- Other: Water Heater,4 Kitchens
- Water: Water System
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: School Bus Route,Public Transit,Library,Golf,Fenced Yard
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $8,414
- Taxes w/Assessments: N/A
- Tax/Property ID: 587900012
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
89 Donald St Barrie, ON L4N 1E6
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