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Real estate on your terms®


Property Description

Exceptional turnkey investment opportunity! This fully legalized up/down bungalow is ideally suited for investors seeking immediate cash flow with reliable rental income of $3070/month. Both the upper and lower suites are fully tenanted with quality tenants in place, offering a true plug-and-play investment from day one. The legal suite in the basement was professionally developed and legalized in 2019 and features 2 bedrooms, a den, a full kitchen, spacious living and dining areas, full-sized laundry, a private side entrance, and its own outdoor living space. The upper legal suite also offers a full kitchen, full-sized laundry, private front entrance, and front deck, creating two completely independent living spaces.The thoughtfully designed layout includes separate yard areas for each legal suite following the legalization, providing added privacy for both tenants. A large carport with additional storage adds further convenience and value.A strong income-producing property with an efficient operating structure, tenants pay the majority of utilities (owner responsible for water/sewer), and tenants are responsible for lawn care. Whether you're expanding your portfolio or purchasing your first investment property, this is a rare opportunity to acquire a fully legalized, income-generating property with excellent long-term potential. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1978
Stories:
1.0
Bedrooms:
5
Bathrooms (total):
3.5 (1 half)
Basement:
Finished, Full, Separate entrance, Walk-up, Suite

Finished Areas

Interior Size (Total):
1071 square feet
Above Grade:
1071 square feet

Interior

Flooring:
Laminate, Carpeted, Linoleum, Vinyl Plank
Appliances:
Refrigerator, Gas stove(s), Dishwasher, Stove, Hood Fan, See remarks, Washer/Dryer Stack-Up

Parking

Spaces:
4
Features:
Carport, Covered, Street

Lot / Land

Lot Size:
42.18 square meters
Frontage:
7.89 meters

Exterior

Exterior Features:
Vinyl siding
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Baseboard heaters, Forced air, Electric, Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$2,679
Tax Year:
2025
Last Modified:
08/16/2026 06:05:07 AM
Status Change:
08/16/2026 05:58:11 AM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Kitchen Main level 12.42 Ft x 14.92 Ft
Living room Main level 12.42 Ft x 16.67 Ft
Primary Bedroom Main level 12.42 Ft x 10.75 Ft
Bedroom Main level 9.25 Ft x 8.83 Ft
2pc Bathroom Main level 4.92 Ft x 4.67 Ft
4pc Bathroom Main level 4.92 Ft x 7.83 Ft
Bedroom Basement 11.83 Ft x 9.67 Ft
4pc Bathroom Basement 5.08 Ft x 8.00 Ft
Bedroom Basement 11.92 Ft x 8.25 Ft
Recreational, Games room Basement 11.92 Ft x 21.42 Ft
Other Main level 7.17 Ft x 9.50 Ft
Office Basement 11.83 Ft x 7.33 Ft
Other Basement 10.50 Ft x 9.25 Ft
Bedroom Main level 10.08 Ft x 10.83 Ft
Dining room Main level 7.25 Ft x 9.92 Ft
Furnace Basement 13.25 Ft x 6.33 Ft

Location

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Listing offered by: Nineteen 88 Real Estate

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