Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Cundles East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Hospital, Park, Public Transit, Rec./Commun.Centre, School, Wooded/Treed
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 158 CUNDLES Road E, Barrie, ON L4M 2Z9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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