151 Cumberland Street, Barrie, ON, L4N 2P9

Property Details: - Type: Multiplex - Bedrooms: 11 - Bathrooms: 6 - MLS#: S13112254 Listed By: ENGEL & VOLKERS TORONTO CITY

Prime Multifamily Investment Near Kempenfelt Bay! This purpose-built 6-unit building offers a rare, turnkey opportunity just steps from the Allandale Waterfront GO Station and the scenic Barrie waterfront. Meticulously maintained with significant rental upside, this asset has undergone extensive recent capital improvements to minimize future CAPEX.Major upgrades include: a full roof replacement (2023), high-efficiency boiler (2025), and a 2023 common area renovation featuring new flooring, stairs, and fresh paint throughout. Investors will benefit from additional income via the updated on-site coin laundry (2024) and two owned 50-gallon water heaters. Recent unit-specific updates include a full renovation of Unit #3 (2025) and bathroom refreshes in Units #3 and #6.Perfectly positioned on a quiet cul-de-sac style street with ample parking and low vacancy rates, this property provides consistent cash flow with easy access to Highway 400 and Downtown Barrie's vibrant shops and dining. 12-month financials available upon request. (Note: Unit #2 appliances are tenant-owned). This is a perfect hassle free investment for the prudent investor. This multiplex home located at 151 Cumberland Street, Barrie is currently for sale and has been available on Zolo.ca for 2 days. This property is listed at $1,550,000 with an estimated mortgage of $5,705* per month. It has 11 beds, 6 bathrooms, and is 3500-5000 square feet. 151 Cumberland Street, Barrie is in the Allandale neighborhood Barrie. Allandale Heights, 400 East and Painswick North are nearby neighborhoods.