158 Cundles Road E Barrie, Ontario L4M 2Z9

5 Bedroom 2 Bathroom 1,100 - 1,500 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:15069)

Property Details

MLS® Number S13245692
Property Type Multi-family
Neigbourhood Tall Trees
Community Name Cundles East
Amenities Near By Hospital, Park, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Wooded Area, Level, Sump Pump, In-law Suite
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Age 51 To 99 Years
Appliances Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a, N/a, Full, N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 110 Ft
Size Frontage 50 Ft
Size Irregular 50 X 110 Ft
Size Total Text 50 X 110 Ft|under 1/2 Acre
Zoning Description 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
Main Level Kitchen 4.38 m x 2.9 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

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