89 Donald Street, Barrie, ON L4N 1E6
Barrie, ON, L4N 1E6 · Queen's Park
About this property
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.
Features & Amenities
- Basement: Finished, Full, Apartment
- Garage: None
- Cooling: Other
- Heat Type: Baseboard
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Basement | Finished, Full, Apartment |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Baseboard |
| Heat Source | Gas |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $8,414 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished, Full, Apartment
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Gas
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 176.00
- Lot Width
- 66.00
Community & Neighborhood
- Property Features
- School Bus Route, Public Transit, Library, Golf, Fenced Yard
Financial & Tax
- Tax Annual Amount
- $8,414
- Tax Year
- 2025
- Tax Assessed Value
- $596,000
- Possession Type
- Flexible
- Possession Details
- anytime
Utilities & Services
- Sewer
- Sewer
- Water Source
- Water System
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 9
- Kitchens Above Grade
- 2
- Kitchens Total
- 4
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Simcoe
- Cross Street
- Anne st and Donald st
- Directions
- Turn off anne st
- Special Designation
- Other
- Showing Requirements
- Lockbox, Showing System
Location
89 Donald Street, Barrie, ON L4N 1E6, Barrie, ON, L4N 1E6