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Description
INVESTOR ALERT – LEGAL WALKOUT SUITE, latest rental was 4,325 Monthly Rent.
This well-maintained 2-storey home with a LEGAL WALKOUT BASEMENT SUITE is an exceptional addition to any investor’s portfolio or larger family.
The main and upper levels feature 4 bedrooms and 2.5 bathrooms, with an OPEN-CONCEPT layout. Appliances: include: 2x Refrigerators, 2x stoves, 2x Dishwashers, 2x Washer & Dryers and spacious living areas that attract long-term tenants. The LEGAL WALKOUT suite offers 1 bedroom, 1 bathroom, full kitchen, laundry, and private entrance—a highly desirable setup for stable rental demand. Rental Income: Up until the end of September 2025 rented top and bottom for $4,325/month, providing reliable cash flow.
Key Investor Highlights:
fully compliant and insurable. Lenders and banks typically view this favorably, often allowing buyers to qualify for additional borrowing power.”
WALKOUT BASEMENT increases tenant appeal & rental value. The Property offers a
double attached garage + ample driveway parking and
Low-maintenance lot in the desirable community of Bow Ridge.
Strong rental history with potential to increase rents further with upgrades to upper level.
Located close to schools, shopping, transit, and major routes, ensuring consistent tenant demand.
Whether you’re expanding your portfolio or looking for a property that pays for itself, this home is a rare find in today’s market.
Property details
- MLS® #
- A2261551
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Bow Ridge
- Price
- $624,900
- Sale/Lease:
- For Sale
- Size:
- 2,084 sq.ft.
- Bedrooms:
- 5
- Bathrooms:
- 3 full / 1 half
- Year Built:
- 2001 (24 years old)
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- Yes
- Parking:
- Double Garage Attached
- Fence:
- Fenced
- Basement:
- Finished, Full, Suite, Walk-Out To Grade
- Features:
- Ceiling Fan(s), Central Vacuum, High Ceilings, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Storage, Walk-In Closet(s)
- Fireplaces:
- 1
- Inclusions:
- Freezer in Garage
- Appliances:
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- Laundry:
- Lower Level, Main Level
- Exterior Features:
- Balcony, Private Entrance, Private Yard, Storage
- Patio/Porch Features:
- Patio
- Nearby Amenities:
- Fishing, Park, Playground
- Lot Size:
- 0.12 acres
- Lot Features:
- Back Yard, Landscaped, Lawn, Sloped, Views
- Zoning:
- R-LD
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Carpet, Hardwood, Laminate
- Foundation:
- Poured Concrete
- Heating:
- In Floor, Forced Air
- Cooling:
- None
- Amenities:
- Fishing, Park, Playground
- Possession:
- Immediate,Negotiable
Basic Info
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Listing Info
Listing office: 2% Realty
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