$1,550,000
FOR SALE

Investment

Lot: 67.78 x 152.29 ft
2025 Taxes: $12,818

151 Cumberland St
Barrie, ON L4N 2P9 | Allandale | Simcoe

Prime multifamily investment opportunity overlooking Kempenfelt Bay, just steps from the Allandale Waterfront GO Station and minutes toDowntown Barrie. This rare purpose-built 6-unit building offers a turnkey, low-maintenance asset ideal for long-term ownership, with good income and significant rental upside. Some rents below-market with excellent future upside with Tenant turnover. The property features consistent revenue streams from residential tenancies along with additional income from new on-site coin laundry facilities. Numerou srecent capital improvements help minimize immediate CAPEX requirements for the incoming investor, and 12-month financials are available upon request. Generous lot with ample parking, this property is perfectly positioned in a high-demand rental area on a quiet cul-de-sac style street with low vacancy rates and consistent tenant demand.Residents enjoy walking access to Kempenfelt Bay, waterfront parks, Downtown Barrie shops and dining, plus convenient access to Highway400 for commuters.
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Listed By ENGEL & VOLKERS TORONTO CITY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S13112248
Last Updated May 11, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 587440157
Legal Description LT 6 N/S CUMBERLAND ST PL 40 ALLANDALE; BARRIE
Possession Date TBA
Taxes (2025) $12,818
Directions/Cross Streets Bayview & Burton
Neighbourhood Allandale
Area Simcoe
Price History

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Detailed Information
Freestanding Y
Lot 67.78 x 152.29 ft
Air Conditioning No
Garage Type None
Heat Type Radiant

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