151 Cumberland Street
Barrie (Allandale), ON L4N 2P9
- 11Bedrooms
- 6Bathrooms
- 6Parking
- 3500–5000Sq Ft
- $12,818Tax
- 68×152 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 151 Cumberland Street, Barrie, Allandale
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-11 | - | Login to See Prices | Active | S13112248 |
| 2026-05-11 | 2026-08-18 | Login to See Prices | Suspended | s13112254 |
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About 151 Cumberland Street, Barrie, Allandale
Summarized Description
- Prime multifamily investment opportunity near Kempenfelt Bay.
- Turnkey, low-maintenance asset with good income potential.
- 6-unit building with significant rental upside.
- Recent capital improvements minimize immediate costs.
- High-demand rental area with low vacancy rates.
- Walking access to waterfront parks and shops.
- Ample parking available for residents and guests.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $12,818
- Land Transfer Tax Fee
- $26,475
- Basement Type
- Apartment
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Greenbelt/Conservation, Lake/Pond, Public Transit
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 67.78 ft
- Lot Depth
- 152.29 ft
- Lot Size
- 20.10 x
- Lot Shape
- Irregular
- Lot Size Code
- 20.10 x
Inclusions
- Inclusions
- 5 fridge's and 5 stoves. (Apt 2 owns their fridge & stove). Coin washer and dryer.
Exclusions
- Exclusions
- Tenants belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 11
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 4-piece
- Area
- Barrie
- Municipality
- Barrie
- Neighbourhood
- Allandale
- Main cross streets
- Bayview & Burton
- Zoning
- Rm1 Comm,Res
- Directions
- Bayview & Burton
- MLS® number
- S13112254
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-18
- Listed on
- 2026-05-11
- Days on market
- 99 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- ENGEL & VOLKERS TORONTO CITY
Home Market Value
Current home valuation for 151 Cumberland Street, Barrie, Allandale, Barrie, ON. Listed for $1,500,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 151 Cumberland Street, Barrie, Allandale
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
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$300,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,200,000 | $1,125,000 | $1,050,000 | $975,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,859monthly | $5,493monthly | $5,127monthly | $4,760monthly |
Land Transfer Tax
$26,475
$26,475
Around this home
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