151 Cumberland Street
Barrie, ON L4N 2P9
NewActiveFor Sale
0 Beds
0 Baths
4,098 Sq Ft
Commercial
About This Property
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. (Note: Unit #2 appliances are tenant-owned). This is a perfect hassle free investment for the prudent investor.
Property Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size4,098 sq ft
Bedrooms0
Bathrooms0
ListedMay 11, 2026
Postal CodeL4N 2P9
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® S13112248
Listed by ENGEL & VOLKERS TORONTO CITY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$7,569
/month · $1,240,000 mortgage
Down Payment20% — $310,000
Interest Rate5.5%
Amortization
Total Interest
$1,030,656
Total Cost
$2,270,656
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
ENGEL & VOLKERS TORONTO CITY