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89 DONALD STREET, Barrie (Queen's Park) — listed at $999,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 2.44 x 2.13 meters |
| Dining room | Second level | 1.83 x 1.83 meters |
| Living room | Second level | 3.66 x 3.05 meters |
| Bedroom | Second level | 3.66 x 4.27 meters |
| Bedroom 2 | Second level | 3.66 x 3.35 meters |
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, Walk out, Walk-up, N/A, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 8 spaces — No Garage.
Is 89 DONALD STREET a good fit for a growing family?+
With 7 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,414, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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