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$649,888
Ontario,Barrie (Cundles East)
For Sale Active
158 CUNDLES ROAD E, Barrie (Cundles East), Ontario L4M2Z9
  • 5
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: S12838428
  • Price: $649,888
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 282804
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full, Separate entrance, N/A, Apartment in basement
  • Parking: Attached Garage, No Garage
  • Architectural Style: Raised bungalow
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Barrie (Cundles East), L4M2Z9
  • Street: CUNDLES
  • Street Number: 158
  • Street Suffix: Road
  • Longitude: W80° 18' 32''
  • Latitude: N44° 24' 39.1''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 50 x 110 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4292
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Listing updated: 2026-04-17 21:48:42
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Listing Information
  • List Agent Key: 1830598
  • List Office Key: 282804
  • Modification Timestamp: 2026-04-01T00:15:22Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-01T00:07:17Z
Powered by REALTOR.ca
Listing updated: 2026-04-17 21:48:43
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