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$5,600,000
Available - For Sale
Listing ID: S13629382
Welcome to the Donald Residences. The site is located in central west Barrie with walking distance to retail and grocery. This a quite single family established residential area. The concrete building is 3 stories and was built in 1987. It has a total of 18 suites all two bedrooms with an average size of around 1,000 sf. Heating is electric and the tenants pay their own hydro. There is ample on site parking and laundry as well. Strong in place rents at around $1,880 per month with market rents at around $2,200 per month. A nice small low maintenance building. Many suites have been updated in the past 5 years.
Price $5,600,000
Taxes: $35,285
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Tenant
Address: 56 Donald Street , Barrie, L4N 1E3, Simcoe
Postal Code: L4N 1E3
Province/State: Simcoe
Legal Description: Part 1, 51R-15589
Directions/Cross Streets: Donald and Francess
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: .79
Total Area Code:  Acres
Area Influences: Major Highway  
Approximatly Age: 16-30
Business/Building Name: Donald Residences
Maintenance: 0
Net Income Before Debt: $315000
Expenses Actual/Estimated: $Est
Outside Storage: F
Heat Type: Baseboard
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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COMMERCIAL FOCUS REALTY INC.

56 Donald Street , Barrie, L4N 1E3, Simcoe

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Barrie
Neighbourhood: Queen's Park
Style:
Lot Size: x 303.82(Feet)
Approximate Age: 16-30
Tax: $35,285
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949