Kitchen (1.68 × 2.98)
Level: Upper
Queen's Park, Barrie, Ontario L4N 1E4
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.
Buy/Sell history for 37 Donald St, Barrie, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $990,000 | N/A | For Sale | S13786548 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Level: Upper
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$4,539
Total monthly payment
$5,096
Break-even down payment
100%
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$990,000
$990,000
CAD
Estimated market value
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