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Description
Investor alert! This almost 1300 square foot bungalow offers an incredible opportunity to generate immediate income while adding long-term value through updates and appreciation. Perfectly situated on a quiet cul-de-sac near the river, walking trails, and bike paths, this property combines strong financial potential with a desirable location. The home features a two-bedroom illegal suite built in 2013, ready for tenants and steady cash flow from day one. The main floor includes three bedrooms, one full bathroom, and an ensuite 2 piece bathroom from the primary suite — a spacious layout, ready for renovation or modernization to increase rental rates or create your ideal owner’s suite. With two separate living areas, this property easily functions as a mortgage helper or a full income property. Sitting on a massive pie-shaped lot, the exterior is just as impressive. There’s an oversized heated double garage, additional RV or multi-vehicle parking for up to four cars outside and 2 cars inside the garage, and plenty of street parking. The lot is private and peaceful, with no neighbours behind and surrounded by mature trees — a feature tenants and buyers will love. Recent updates include a stove and refrigerator only two years old. With the main floor ready for renovation and the suite already established, the heavy lifting is almost done — this is your chance to secure a property with instant revenue and long-term upside. Opportunities like this rarely come up in such a prime, quiet location. Whether you choose to live upstairs and rent the suite, renovate for maximum return, or hold as a pure investment, this home checks every box for a smart real estate purchase. Contact me for your private showing today!
Property details
- MLS® #
- A2264464
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- McLaughlin Meadows
- Price
- $499,900
- Sale/Lease:
- For Sale
- Size:
- 1,276 sq.ft.
- Bedrooms:
- 5
- Bathrooms:
- 2 full / 1 half
- Year Built:
- 1977 (48 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Double Garage Detached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Closet Organizers, Pantry, Separate Entrance, Storage, Walk-In Closet(s)
- Fireplaces:
- 1
- Inclusions:
- Refrigerator, stove, washer and dryer in basement
- Appliances:
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- Laundry:
- In Basement
- Exterior Features:
- Private Yard, Storage
- Patio/Porch Features:
- Deck, Front Porch
- Nearby Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Lot Size:
- 0.05 acres
- Lot Features:
- Back Lane, Back Yard, Cul-De-Sac, Landscaped, Many Trees, Pie Shaped Lot, Private, Treed
- Zoning:
- R-2
- Roof:
- Asphalt Shingle
- Exterior:
- Brick,Stucco,Wood Frame
- Floors:
- Carpet, Laminate, Linoleum
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Possession:
- 15 Days / Neg,Immediate
- Days on Market:
- 8
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Listing office: RE/MAX Landan Real Estate
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