Space
Finished area and layout
- Square Feet
- 2,500-3,000 sqft
- Bedrooms
- 6
- Bathrooms
- 4
+22 more
6
Bedrooms
3 + 1 half
Bathrooms
2,500-3,000 sqft
Square Feet
6,165 sqft
Lot
4
Parking
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- residential
- Style
- fourplex / Fourplex
- Structure
- 2-Storey
- Ownership
- Freehold
About This Property
This 6-bedroom, 4-bathroom fourplex in Barrie offers 2,500-3,000 sqft of square feet on a 6,165 sqft lot. The property has cross street Dunlop St & Bayfield St. The home features wall unit(s), a unfinished basement. Highlights include a none pool.
MLS Remarks
Welcome to 37 Donald Street - a beautifully updated, fully tenanted four-plex in the heart of Barrie. An exceptional investment offering a strong cap rate, immediate cash flow, and proven future upside. 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 been fully refreshed with new flooring, updated fixtures and fresh paint, complemented by custom closets and elegant wainscoting that elevate the overall finish. Each of the four units enjoys its own private balcony, and an on-site coin-operated laundry facility adds tenant appeal along with a second stream of income. The location is already moving. Neighbouring properties have been redeveloped, positioning this asset to benefit from continued growth and rising values. So is the operating environment. Ontario's 2026 amendments to the Residential Tenancies Act are compressing timelines at the Landlord and Tenant Board - shorter arrears notice periods, tighter hearing procedures and a reduced review window - meaningfully lowering the carrying risk investors have shouldered in recent years. And for the buyer with a longer horizon: the fifth-unit threshold is where CMHC's MLI Select program begins, offering qualifying multi-unit properties up to 95% loan-to-value and amortizations as long as 50 years. Buyers are encouraged to satisfy themselves as to zoning, permitting and program eligibility. Meticulously maintained and fully leased, this turn-key four-plex delivers day-one returns in a rapidly improving neighbourhood.
Inclusions
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