37 Donald Street, Barrie, ON L4N 1E4

$1,048,000
6
BD
4
BA
2,500
SqFt

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List Price
$1,048,000
MLS#
S13672154
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
6
Bathrooms
4
Living Area
2500-3000
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Queen's Park
Subdivision
Dunlop St & Bayfield St

Property Description

Welcome to this beautifully updated, fully tenanted four-plex in the heart of Barrie, an exceptional investment opportunity offering a strong 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.

Additional Information

Taxes
$6,683
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Kitchens
4
Exterior
Concrete, Stucco (Plaster)
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Mutual

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Calculator source: Real Geeks

Listing courtesy of ANALYST REALTY INC..