151, Cumberland, Allandale, Barrie, Commercial
- 4098 SQFT
Description
Commercial Investment For Sale.
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.
Cross Street: Bayview & Burton
Key Facts
- Days on: 0 days
- Mls Status: New
- Board Property Type: Com
- Lot Type: Lot
- Lot Width: 67.78
- Kitchens Total: 1
- Garage Type: None
- Heat Type: Radiant
- Cooling: No
- Building Area Total: 4098 Square Feet
- Retail Area: 4098 Sq Ft
Location 151, Cumberland, Allandale, Barrie
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