151 Cumberland ST, Barrie, ON L4N 2P9
151 Cumberland ST, Barrie, ON L4N 2P9
151 Cumberland ST, Barrie, ON L4N 2P9
151 Cumberland ST, Barrie, ON L4N 2P9
151 Cumberland ST, Barrie, ON L4N 2P9
151 Cumberland ST, Barrie, ON L4N 2P9
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Amanpreet Kaur Realtor

Amanpreet Kaur Realtor

+1(289) 700-2629
$ 1,550,000
Est. payment | /mo

11 Beds

6 Baths

Save Virtual Tour
$ 1,550,000
Est. payment | /mo
Save Virtual Tour

11 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Allandale

MLS Listing ID S13112254

Style 2-Storey

Bedrooms 11

Annual Tax Amount $12,818

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Apartment

Kitchen 6

Interior

Interior Features None

Heating Yes

Cooling None

Fireplace No

Heat Source Other

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.78

Lot Depth 152.29

Total Parking Spaces 6

Building

Unit Features Greenbelt/Conservation,Lake/Pond,Public Transit

Foundation Concrete Block

Others

ParcelsYN No

Virtual Tour https://listings.wylieford.com/sites/rmoaogwk/unbranded

Listed by ENGEL & VOLKERS TORONTO CITY

NEARBY SCHOOL & BUSINESS

Amanpreet Kaur Realtor

+1(289) 700-2629

info@themultaniteam.com

4145 North Service Road Unit 2, L7L6A3, Burlington, Ontario, Canada

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151 Cumberland ST