158 CUNDLES ROAD E,Barrie (Cundles East),Ontario,L4M2Z9
158 CUNDLES ROAD E,Barrie (Cundles East),Ontario,L4M2Z9
158 CUNDLES ROAD E,Barrie (Cundles East),Ontario,L4M2Z9
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:63658)
| MLS® # | : | S12838428 |
| Listing price | : | $697,700 |
| Listed on | : | 03-03-2026 |
| Property subtype | : | For sale |
| Square footage | : | 1100 sqft |
| Year built | : | 0000 |
| Listing office | : | KELLER WILLIAMS EXPERIENCE REALTY |
| Total bedrooms | : | 5 Bedrooms |
| Total bathrooms | : | 2 Bathrooms |
| Building type | : | |
| Parking | : |