151 Cumberland Street, Barrie, ON L4N 2P9
Barrie
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 151 Cumberland Street, Barrie, ON L4N 2P9
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# S13112254
Listed by ENGEL & VOLKERS TORONTO CITY
On market since May 11, 2026
151 Cumberland Street, Barrie, ON L4N 2P9 is listed for $1,500,000 CAD.
151 Cumberland Street, Barrie, ON L4N 2P9 has 11 bedrooms and 6 bathrooms.
151 Cumberland Street, Barrie, ON L4N 2P9 is a Multiplex.
151 Cumberland Street, Barrie, ON L4N 2P9 is in Barrie, Ontario.
151 Cumberland Street, Barrie, ON L4N 2P9 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 151 Cumberland Street, Barrie, ON L4N 2P9 (MLS# S13112254). You can also send a message through the contact form on this site.
