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.
Address
89 Donald Street
List Price
$1,140,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
Bungalow-Raised
Transaction Type
Sale
Area
Barrie
Sub-Area
Queen's Park
Region
Simcoe
Bedrooms
7
Bedrooms (Total)
7
Rooms Above Grade
10
Rooms Below Grade
9
Bathrooms
4
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
176
Lot Size Units
Feet
Lot Width
66
Parcel Number
587900012
Occupant Type
Tenant
Cross Street
Anne st and Donald st
MLS® Number
S13553000
Listing Brokerage
EXP REALTY
Basement Area
Finished, Full, Apartment
Postal Code
L4N 1E6
Posession Details
anytime
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$8,414.00
Tax Year
2025
Site Influences
Fenced Yard, Golf, Library, Public Transit, School Bus Route
Interior Features
Water Heater
Property Features
School Bus Route, Public Transit, Library, Golf, Fenced Yard
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Baseboard
Cooling Features
Other
Construction Materials
Brick
Direction Faces
South
Fireplace
Yes
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
2
Kitchens Below Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 22 S/S DONALD ST PL 27 BARRIE; BARRIE
Security Features
Smoke Detector
Water Source
Water System
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Second | Kitchen | 2.44 x 2.13 | |
| Second | Dining Room | 1.83 x 1.83 | |
| Second | Living Room | 3.66 x 3.05 | |
| Second | Bedroom | 3.66 x 4.27 | |
| Second | Bedroom 2 | 3.66 x 3.35 |
