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151 Cumberland Street
Allandale Barrie L4N 2P9

$1,550,000 /For Sale
Commercial

Main Photo: 151 Cumberland Street in Barrie: Allandale Commercial for sale : MLS®# S13112248
Photo 1: 151 Cumberland Street in Barrie: Allandale Commercial for sale : MLS®# S13112248
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
S13112248
Bus Major:
Apts - 6 To 12 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4098 sq. ft. Square Feet
Total Area:
4,098 sq. ft.
Retail Area:
4098 sq. ft. Sq Ft
Lot Depth:
152'3½"
Lot Frontage:
67'9"
Lot Shape:
Irregular
Lot Details:
20.10 x
Bedrooms:
0
Water supply:
Municipal
Kitchens:
1
Rooms:
0
Zoning:
RM1
Heating type:
Radiant
Garage:
None
Possession Details:
TBA
Lot Irregularities:
171.07 ft West x 67.92 ft Rear
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$12,818 / 2025
Assessment:
$- / -
Simcoe
Barrie
Allandale
5 fridge's and 5 stoves. (Apt 2 owns their fridge & stove). Coin washer and dryer.
Tenants belongings.
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
May 11, 2026
Original Price:
Previous Price:
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Listed by ENGEL & VOLKERS TORONTO CITY
Data was last updated May 11, 2026 at 06:15 PM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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