$1,150,000Asking Price
89 Donald Street, Barrie, ON L4N 1E6
Queen's Park, Barrie
Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space and generates over $60,000 annually in rental income, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie.
Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space and generates over $60,000 annually in rental income, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie.
See MoreKey Info
- Bungalow Fourplex
- 4+ Parking
- No Garage
- Donald and Wellington st w
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Water Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $8,414 in 2025
- Possession: Anytime
Details
- Brick Exterior
- Fireplace
- 4 + 2 Kitchens
- Designation: Other
- MLS #S13471982
- EXP REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.01' x 6.99' | |
| 2 | Kitchen | Main | 8.01' x 6.99' | |
 | 1 3-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom on Lower | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
Queen's Park, Barrie is a north GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Families
Kids Per Family
0.8
kids per family
in the neighbourhood.
Singles
59%
of residents are
single and loving it.
59% singles
Barrie (46%)Renters
60%
of residents
are renters.
60% renters
Barrie (30%)Education
16%
of residents are
university grads.
16% university grads
Barrie (23%)Income
Average Household Income
$72K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 19% |
| Trades | 11% |
| Business | 7% |
| Manufacturing | 6% |
| Government | 6% |
Immigrants
14%
of residents were
born outside of Canada.
14% immigrants
Barrie (13%)Birthplace - All
2.2% from UK
All-time
Birthplace - Recent
0.6% from Syria
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| German | 1% |
| Spanish | 1% |
Religions
Religions
| Christian | 56% |
