89 Donald Street
Queen's Park, Barrie, L4N 1E6
For Sale
12.35 BTC

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4 + 3
BEDROOMS4
BATHROOMS2 + 2
KITCHENS10 + 9
ROOMSS13471982
MLSIDContact Us
Property Description
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.
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Nearby Intersections
Property Features
Park, Public Transit, Library, Hospital, School Bus Route, School, Separate Heating Controls, Separate Hydro Meter, Water Heater, Private, Other, Mutual, Alarm System, Carbon Monoxide Detectors, Security System, Smoke Detector
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Property Details
Property Type
Fourplex
Lot Size
66' x 176'
Taxes
$8,414 (2025)
Basement
None
Exterior
Landscaped, Porch, Year Round Living, Controlled Entry, Privacy
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
7
Garage Type
None
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Listing contracted with Exp Realty
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