
89 Donald Street, Barrie
Barrie
$1,130,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Fourplex
Bedrooms
7
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for fourplex based on GTA rental market data
Remarks
Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie.
MississaugaInvestor.ca
89 Donald Street
Fourplex · 7bd/4ba · ~4,250 sqft
$1,130,000
Cash-Flow Report · August 3, 2026
Cap Rate
5.28%
Monthly Cash Flow
-$231/mo
Estimated Rent
$7,600/mo
Cash-on-Cash
-1.12%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,600 |
| Mortgage | −$5,201 |
| Property Tax | −$1,083 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$942 |
| Vacancy (5%) | −$380 |
| Cash Flow | -$231/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$91,200 |
| Vacancy (5%) | −$4,560 |
| Property Tax | −$12,995 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,300 |
| Annual NOI | $59,645 |
| Cap Rate | 5.28% |
Cash Required to Close
| Down Payment (20%) | $226,000 |
| Ontario Land Transfer Tax | $19,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $248,075 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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