5 Bedroom
2 Bathroom
1,100 - 1,500 ft2
Raised Bungalow
Central Air Conditioning
Forced Air
$697,700
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. Thisproperty suits a wide range of buyers: the savvy first-time buyer seeking mortgage relief from basement tenants currently paying $1,870/month, 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.Current combined rental income of $4,278/month speaks for itself. The upper unit tenants have provided notice, offering vacant possession of the main floor while the lower tenants continue month-to-month - an ideal blend of flexibility and immediate cash flow. Both units have been professionally managed under a property management arrangement that can be seamlessly 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. (id:50976)
Property Details
|
MLS® Number
|
S12838428 |
|
Property Type
|
Multi-family |
|
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 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
|
Attached Garage
|
|
|
No 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 |
Length |
Width |
Dimensions |
|
Basement |
Kitchen |
3.55 m |
4.5 m |
3.55 m x 4.5 m |
|
Basement |
Bedroom |
3.1 m |
2.9 m |
3.1 m x 2.9 m |
|
Basement |
Bedroom |
3.45 m |
3.1 m |
3.45 m x 3.1 m |
|
Main Level |
Kitchen |
4.38 m |
2.9 m |
4.38 m x 2.9 m |
|
Main Level |
Dining Room |
2.88 m |
2.71 m |
2.88 m x 2.71 m |
|
Main Level |
Living Room |
4.9 m |
3.6 m |
4.9 m x 3.6 m |
|
Main Level |
Primary Bedroom |
3.78 m |
3.03 m |
3.78 m x 3.03 m |
|
Main Level |
Bedroom 2 |
2.7 m |
2.99 m |
2.7 m x 2.99 m |
|
Main Level |
Bedroom 3 |
3.8 m |
2.7 m |
3.8 m x 2.7 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29419751/158-cundles-road-e-barrie-cundles-east-cundles-east
