26 Cundles Road Sold a day ago

Barrie, Cundles East, L4M 2Z5

$875,000$000000

Description

Listed by RE/MAX HALLMARK CHAY REALTY.

Welcome to this legal MULTI-PLEX with Two Self Contained Units (Upper and Lower) and a detached Coach House. Real Estate Investors! Looking to add to your portfolio? New to real estate investment and looking to get started with your first property? Take a look at this solid all brick detached bungalow recently updated and renovated into three turn-key rental units - two units (upper and lower of main house) + separate coach house. Open surface parking for six vehicles. UPPER Unit #1 offers 3 bedrooms, 4pc bath, kitchen, laundry and is currently vacant. LOWER Unit #2 offers 2 bedrooms, 4pc bath, kitchen, laundry and is currently occupied @ $1625 month-to-month. COACH house offers 2 bedrooms, 4pc bath, kitchen, laundry and is currently occupied to June 1, 2024. Vacant units (two, as of June 1st) provide the new landlord the ability to set current market rental rates. See supplement for summary of utility expenses. Configuration of this property presents the opportunity for you to live onsite in one unit and rent out two units to cover your own costs and generate income. This property is well situated in a mature neighbourhood - on public transit routes, within walking distance to schools and with easy access to all the key amenities for a busy household- shopping, services, restaurants, entertainment, recreation. Just a few minutes drive to commuter routes -north to cottage country and south to the GTA, as well as GO Train service to Union Station. Take a look today and build your portfolio!

3 legal units, each is self-contained. Appliances included Fridge, Stove, Washer, Dryer. Convenience of laundry and parking onsite.

Location

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  • Address: 26 Cundles Road
  • Neighborhood: Cundles East
  • City: Barrie
  • State: Ontario
  • Postal Code: L4M 2Z5

Property Details

  • Property ID: S8358812
  • Property Price: $875,000
  • Style: Multiplex, Bungalow
  • Sq/Ft: 1500-2000
  • Rooms: 7
  • Bedrooms: 7
  • Bath: 3
  • Parking Spaces: 6
  • Year Built: 31-50
  • Basement: Sep Entrance
  • Den: Y
  • Exterior: Brick, Other
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,087.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 132.00x55.69 (Feet) - 56.33 x 7.81 x 132.18 x 55.69 x 140.18

Room details and dimensions

Statistics for similar Multiplex homes in Cundles East

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Cundles East

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Cundles East

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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