For Sale: 158 Cundles Road E, Barrie, ON - REW
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$647,700
5 bd • 2 ba • 1100 - 1499 sf • Multifamily
158 Cundles Road E
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$647,700
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158 Cundles Road EBarrie, ON, L4M 2Z9

Cundles East
  • 5 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: IAN LEE HOCKING, Broker, KELLER WILLIAMS EXPERIENCE REALTY

Home facts and features

Price details
List Price
$647,700
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Gross Taxes for 2026
$4,292
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
3
Parking Details
Attached Garage, Garage
Property Type
Multifamily
Depth
110 feet
Frontage
50.0 feet
Style
Raised bungalow
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full, Apartment in basement, Separate entrance, , ,
Features
In-Law Suite, Level, Smoke Detectors, Sump Pump, Wooded area
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater, Water meter
Community
Agent details
Primary Agent
Primary Broker
KELLER WILLIAMS EXPERIENCE REALTY
Secondary Agent
CAROLINE HOCKING
Secondary Broker
KELLER WILLIAMS EXPERIENCE REALTY
Listing details
Days on REW
45 Days
Property Views
30
MLS® Number
S13245692
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

St Joseph's School
  • Catholic
  • 9 - 12
Monsignor Clair School
  • Catholic
  • JK - 8
Cundles Heights Public School
  • Public
  • JK - 8
ÉÉC Frère-André
  • Catholic
  • JK - 6
Terry Fox Elementary School
  • Public
  • JK - 8
Maple Grove Public School
  • Public
  • JK - 8
Barrie North Collegiate
  • Public
  • 9 - 12
Oakley Park Public School
  • Public
  • JK - 8
Barrie Campus School
  • Public
  • 9 - 12
Sister Catherine Donnelly Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
IAN LEE HOCKING
Phone:
(705) 791-4837
Cell:
705-791-4837
Office:
705-720-2200
Salesperson
CAROLINE HOCKING
Office:
705-720-2200
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.