158 CUNDLES Road E, Barrie, ON L4M 2Z9
Barrie, ON, L4M 2Z9 · Cundles East
About this property
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.
Features & Amenities
- Basement: Apartment, Separate Entrance, Full, Finished
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Lot Size | 5,500 Feet |
| Basement | Apartment, Separate Entrance, Full, Finished |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,292 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Floor Drain, In-Law Suite, Other, Primary Bedroom - Main Floor, Sump Pump, Water Heater, Water Meter
Exterior Features
- Exterior Features
- Year Round Living
- Other Structures
- Garden Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Separate Entrance, Full, Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 3.00
- Parking Features
- Private Double
- Covered Spaces
- 1
Lot & Land
- Lot Size Area
- 5500.35
- Lot Size Units
- Feet
- Lot Depth
- 110.00
- Lot Width
- 50.00
Community & Neighborhood
- Property Features
- Hospital, Park, Public Transit, Rec./Commun.Centre, School, Wooded/Treed
Financial & Tax
- Tax Annual Amount
- $4,292
- Tax Year
- 2025
- Tax Assessed Value
- $304,000
- Possession Type
- Immediate
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 4
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- North
- County Or Parish
- Simcoe
- Cross Street
- Cundles / Bayfield St
- Directions
- Bayfield Street North to East on Cundles - Sign on lawn
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
158 CUNDLES Road E, Barrie, ON L4M 2Z9, Barrie, ON, L4M 2Z9