101 Knupp Road

About This Property

Welcome to this all brick raised bungalow in west Barrie. With over 2400 sq ft fully finished, this open concept 3+1 bedroom, 3 bathroom home features an eat-in kitchen, walk-in closet, ensuite, main floor laundry, basement laundry, inside entry to double garage/drive, fenced/deck, and a bright & finished lower level with appliances & separate entrance. The property also features income generating solar panels ($3000 annually, installed in 2017), newer roof (2017) and newer furnace and A/C (2017). Furthermore, the hot water heater is tankless (or On-Demand) and is owned! The home is currently used as a LEGAL duplex with a vacant upper level and tenanted one-bedroom lower level. Each unit has its own entrance and laundry. The lower tenant is month-to-month and thus vacant possession is permissible with the appropriate notice. So lots of options with this one! Continue to use it as a duplex and collect the $1900 from the lower level and rent the upper unit out for over $2500/month or move into the upper and keep renting the lower. If it's more room you seek, then take over the entire home and easily convert it back to a single-family home. Due to the second suite being legal, the rental income can be used to supplement your own income for purposes of qualifying for a mortgage! Come have a look!