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kitchen featuring white cabinetry, white appliances, light countertops, dark tile patterned flooring, and hanging light fixtures Features: range oven, pendant lighting, drywall, sink, countertops, microwave, dishwasher, natural light, white cabinets, tile floor, arched cabinets, refrigerator, raised cabinets

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living area featuring light wood-style floors and baseboards Features: natural light, baseboards wall, wood finish floor, drywall, tv

living area with wood finished floors and baseboards Features: wood finish floor, tv, natural light, drywall, baseboards wall

living room featuring ceiling fan and wood finished floors Features: natural light, tv, drywall, ceiling fan, baseboards wall, wood finish floor

bedroom with wood finished floors Features: drywall, wood finish floor, tv

bedroom featuring a closet and light wood finished floors Features: smoke carbon monoxide detector, drywall, baseboards wall, wood finish floor, tv, closet

bedroom with wood finished floors and baseboards Features: natural light, baseboards wall, wood finish floor, drywall

bedroom featuring wood finished floors and a closet Features: drywall, closet, vent, wood finish floor, smoke carbon monoxide detector

bedroom with wood finished floors and baseboards Features: drywall, baseboards wall, vent, natural light, wood finish floor, tv

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For Sale - 158 CUNDLES Road, Barrie, Ontario

158 Cundles Road

Barrie , Ontario

5 2 $649,888

Est payment $3,121/mo

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Time on Jump 30 day

AI Summary *

Raised bungalow with a fully legalized 2-bedroom basement apartment.
Current rental income of $4,278/month provides great investment opportunity.
Vacant possession available soon for new tenant options.
Located near shopping, dining, and transit to Georgian College.
Ideal for first-time buyers, families, or investors seeking rental income.

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Down Payment:
$ 32,494 ( 5% )

First Time Buyer:
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New Build:
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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 basement tenants who are currently paying $1,870/month, the multi-generational family wanting walkable access to a nearby elementary school, or the investor recognising strong rental demand from georgian college students on the transit route. The 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 at the end of march, while the lower tenants have offered their notice for teh end of april. The property will then be fully vacant so you can choose your own tenants - 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.

Listing IDS12838428

Address158 CUNDLES Road

CityBarrie, Ontario

Price$649,888

Bed / Bath5 / 2 Full

StyleBungalow-Raised, Duplex

ConstructionBrick

Land Size5500.35

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Floor Drain, In-Law Suite, Other, Primary Bedroom - Main Floor, Sump Pump, Water Heater, Water MeterOutdoor Features Year Round LivingAmenities Hospital, Park, Public Transit, Rec./Commun.Centre, School, Wooded/TreedOwnership FreeholdWaterfront NoneBasement Apartment, Separate Entrance, Full, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 3.00

Listing Agency:
KELLER WILLIAMS EXPERIENCE REALTY

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Listing Agency:
KELLER WILLIAMS EXPERIENCE REALTY

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Hospital

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For Sale - 158 CUNDLES Road, Barrie, Ontario

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Market Info

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