For Sale: 151 Cumberland Street, Barrie, ON - REW
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$1,550,000
11 bd • ba • sf • Multifamily
151 Cumberland Street
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$1,550,000
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151 Cumberland StreetBarrie, ON, L4N 2P9

Allandale
  • 11 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listing courtesy of Engel & Volkers
Listed by: Andrew Di Matteo, ENGEL & VOLKERS TORONTO CITY

Home facts and features

Price details
List Price
$1,550,000
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Home facts
Bedrooms
11
Full Bathrooms
Parking Spaces
6
Property Type
Multifamily
Exterior Finish
Heating Type
Radiant
Community
Agent details
Primary Agent
Primary Broker
ENGEL & VOLKERS TORONTO CITY
Listing details
Days on REW
24 Days
MLS® Number
S13112254
Source
Engel & Völkers
Board
Toronto Real Estate Board
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25 Years
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Property Insights

Unity Christian High School
  • Private
  • 9 - 12
Allandale Heights Public School
  • Public
  • JK - 8
St John Vianney School
  • Catholic
  • JK - 8
Assikinack Public School
  • Public
  • JK - 8
Innisdale Secondary School
  • Public
  • 9 - 12
Heritage Christian Academy
  • Private
  • Pre-K - 12
Willow Landing Elementary School
  • Public
  • JK - 8
St Michael the Archangel Catholic Elementary School
  • Catholic
  • JK - 8
Hillcrest Public School
  • Public
  • JK - 8
Codrington Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Andrew Di Matteo
Phone:
+14168860411
Office:
+19055399511
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