$1,550,000
16.64 BTC
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151 Cumberland Street, Barrie
$1,550,000
PRICE
11
BEDROOMS
6
BATHROOMS
S13112254
MLSID

151 Cumberland Street, 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.
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Summary

Address
151 Cumberland Street
City
Community
MLSID
S13112254
Property Type
Multiplex
Property Category
Bedrooms
11
Bathrooms
6
Kitchens
6
Zoning
Rm1 Comm,Res
Taxes (Annual)
$12,818.00
Tax Year
2025
Published
May 11, 2026
Days on Market
14 Days
Possession Type
Flexible
Possession Details
Tba
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Inclusions

5 Fridges, 5 Stoves, 1 Coin-Washer, 1 Coin-Dryer, 2 Owned Water Heaters. Tenant's pay their own hydro.

Exclusions

Fridge & Stove in Unit #2 (Tenant-owned). Tenants' belongings

Details

Property Features
Greenbelt/Conservation, Lake/Pond, Public Transit
Basement
Apartment
Interior Features
None
Parking Spaces
6
Parking Total
6
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
68 Feet
Lot Depth
152 Feet
Water
Municipal
Heat Source
Other
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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