37 Donald Street,Barrie, ON L4N 1E4
Barrie, ON L4N 1E4
Description
Welcome to this beautifully updated, fully tenanted four-plex in the heart of Barrie, an exceptional investment opportunity offering a strong cap rate with proven future upside. With neighbouring properties already redeveloped, this asset is ideally positioned to benefit from continued growth and increased property values in the area. Extensively upgraded throughout, 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 also been fully refreshed with new flooring, updated fixtures, and fresh paint, complemented by custom closets and elegant wainscoting that elevate the overall finish. The property also features four private balconies, one for each unit along with a convenient coin-operated laundry facility, enhancing tenant appeal and generating additional income. Meticulously maintained and fully leased, this turn-key four-plex delivers immediate cash flow in a rapidly improving neighbourhood.
Details
| MLS # | S13672154 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 15 |
| Listing Provided By | ANALYST REALTY INC. | S13672154 331300 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Interior Features | Brick & Beam, Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers, Sump Pump |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Concrete, Stucco (Plaster) |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Mutual |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 6683.16 |
|---|---|
| Tax Legal Description | PT LT 9 S/S DONALD ST BLK B PL 27 BARRIE; PT LT 10 S/S DONALD ST BLK B PL 27 BARRIE AS IN RO1356999; BARRIE |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Barrie |
| Postal Code | L4N 1E4 |
| Area | Queen's Park |
| Listing VS Median (in L4N 1E4) | |
Price: $1,048,000 low | high Med: $0 On site: 15 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Barrie |
| Postal Code | L4N 1E4 |
| Area | Queen's Park |
| Listing VS Median (in L4N 1E4) | |
Price: $1,048,000 low | high Med: $0 On site: 15 low | high Med: | |
