$999,000
Est. payment $4,423/moCalculate yours
89 Donald Street, Barrie, ON L4N 1E6
Queen's Park, Barrie, ON L4N 1E6
- 4 + 3 Beds
- 4 Baths
- 3,500 Sq Ft
Listing courtesy of EXP REALTY MLS® S14086782
About this home
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, 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.
Property details
Overview
- Property Type
- Fourplex
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Out, Walk-Up
Building & Systems
- Heating
- Water (Gas)
- Cooling
- Other, Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 66 x 176 Feet
- Parking
- None garage · 8 total
Financial
- Property Taxes
- $8,414 (2025)
Location
- Neighbourhood
- Queen's Park
- Cross Street
- Donald and wellington
- Direction Faces
- South
Listing
- MLS® Number
- S14086782
- Days on Market
- 2
- Listed On
- 2026-10-16
- Possession
- Anytime
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Accessory Apartment
- Storage Area Lockers
- Water Heater Owned
Pool
- None
- Included
- 4 Fridges, 4 Stoves, 1 Coin Washer, 1 Coin Dryer, 1 shed.
- Excluded
- Tenant Belongings
Mortgage calculator
Estimated mortgage payment
$4,423 per month
- Principal and interest
- $4,423
- Property tax
- $701
- Condo fees
- $0
- Estimated monthly cost
- $5,125
Your mortgage
- Mortgage amount
- $799,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,807
Cash to close
- Down payment
- $199,800
- Land transfer tax
- $16,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.