About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	S13112248
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,098 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Allandale
City	Barrie
Postal Code	L4N 2P9
Province	ON
Listed Date	May 11, 2026
Days on Market	87
Price per Sq Ft	$366
Brokerage	ENGEL & VOLKERS TORONTO CITY