151 Cumberland ST, Barrie, ON L4N 2P9
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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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Barak Elihis

Barak Elihis

+1(647) 200-2725
$ 1,550,000
Est. payment /mo
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Active

151 Cumberland ST Barrie, ON L4N 2P9

11 Beds

6 Baths

UPDATED:

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. (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

Zoning Rm1 Comm,Res

Rooms

Family Room No

Basement Apartment

Kitchen 6

Interior

Interior Features None

Cooling None

Inclusions 5 Fridges, 5 Stoves, 1 Coin-Washer, 1 Coin-Dryer, 2 Owned Water Heaters. Tenant's pay their own hydro.

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.78

Lot Depth 152.29

Total Parking Spaces 6

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

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

Listed by ENGEL & VOLKERS TORONTO CITY

NEARBY SCHOOLS & PROPERTIES

Barak Elihis

Barak Elihis

Broker | Manager

+1(647) 200-2725

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151 Cumberland ST

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