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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$990,000
Available - For Sale
Listing ID: S13786548
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.
Price $990,000
Taxes: $6,683.16
Occupancy by: Tenant
Address: 37 Donald Street , Barrie, L4N 1E4, Simcoe
Directions/Cross Streets: Dunlop St & Bayfield St
Rooms: 12
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4 Upper
Washroom 2:  1 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Upper
Washroom 7:  1 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Concrete
Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 4
Park #1
Parking Type: Mutual
Park #2
Parking Type: Mutual
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ANALYST REALTY INC.

37 Donald Street , Barrie, L4N 1E4, Simcoe

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Queen's Park
Style: 2-Storey
Lot Size: x 89.98(Feet)
Approximate Age:
Tax: $6,683.16
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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