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$ 1,128,000
Est. payment /mo
New
37 Donald ST Barrie, ON L4N 1E4
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Queen'S Park
MLS Listing ID S13011170
Style 2-Storey
Bedrooms 6
Annual Tax Amount $6,683
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Welcome to this beautifully updated, fully tenanted four-plex in the heart of Barrie, an exceptional investment opportunity offering a strong 5.74% 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.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Brick & Beam, Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers, Sump Pump
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 68.62
Lot Depth 89.98
Total Parking Spaces 4
Building
Foundation Concrete
Others
ParcelsYN No
Listed by ANALYST REALTY INC.
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