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158 Cundles Road E Barrie, Ontario L4M 2Z9

5 Bedroom 2 Bathroom 1100 - 1500 sqft
Raised Bungalow Central Air Conditioning Forced Air

$649,888

Welcome to a world of possibilities! 158 Cundles Road East is a raised bungalow featuring a fully legalized 2-bedroom basement apartment - permitted and operating since 2019. This property suits a wide range of buyers: the savvy first-time buyer seeking mortgage relief from the basement apartment, the multi-generational family wanting walkable access to a nearby elementary school, or the investor recognizing strong rental demand from Georgian College students on the transit route. Both units are now fully vacant, offering immediate vacant possession so you can choose your own tenants or move in, an ideal blend of flexibility and rental upside. Both units have been professionally managed, and that property management relationship can be transferred to a new owner. Well-maintained and move-in ready, the property sits steps from Bayfield Street's vibrant shopping and dining, minutes to Hwy 400 for GTA commuters, and on a direct Barrie Transit route to Georgian College's main campus on the northeast edge of the city. Barrie continues to thrive as one of Ontario's fastest-growing communities - and income properties in locations like this are increasingly rare. Previous rental income: basement apartment $1,870/month, upper $2408/month combined $4,278/month. (id:60365)

Property Details

MLS® Number S13245692
Property Type Multi-family
Community Name Cundles East
AmenitiesNearBy Hospital, Park, Public Transit, Schools
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Wooded Area, Level, Sump Pump, In-law Suite
ParkingSpaceTotal 3
RentalEquipmentType Water Heater
Structure Shed

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Age 51 To 99 Years
Appliances Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Raised Bungalow
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a, N/a, Full, N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 50 Ft
SizeIrregular 50 X 110 Ft
SizeTotalText 50 X 110 Ft|under 1/2 Acre
ZoningDescription R2

Rooms

Level Type Dimensions
Basement Kitchen 3.55 m x 4.5 m
Basement Bedroom 3.1 m x 2.9 m
Basement Bedroom 3.45 m x 3.1 m
Basement Bathroom 2.51 m x 2.15 m
Main Level Kitchen 4.38 m x 2.9 m
Main Level Bathroom 2.22 m x 2.75 m
Main Level Dining Room 2.88 m x 2.71 m
Main Level Living Room 4.9 m x 3.6 m
Main Level Primary Bedroom 3.78 m x 3.03 m
Main Level Bedroom 2 2.7 m x 2.99 m
Main Level Bedroom 3 3.8 m x 2.7 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29858029/158-cundles-road-e-barrie-cundles-east-cundles-east

Ian Lee Hocking
Broker


Keller Williams Experience Realty
516 Bryne Drive, Unit I, 105898
Barrie, Ontario L4N 9P6

Caroline Hocking
Broker


Keller Williams Experience Realty
516 Bryne Drive, Unit I, 105898
Barrie, Ontario L4N 9P6

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