Wow! Presenting a RARE opportunity to purchase a TURNKEY investment with a centrally located bilevel that features a legal basement suite and NO condo fees! Experience the best of both worlds – an opportunity to invest and use it as an income property or move in to one unit and enjoy a ‘mortgage helper’ income stream. This bilevel is located on an enormous, oversized lot and spans over 1000 square feet, significantly larger than the usual 800 square foot bilevels typically offered in the community! This larger footprint ensures space for the entire family, or a higher return as a rental as the upper unit hosts three bedrooms and the lower unit hosts two bedrooms. Both units have a plethora of natural light with NEW windows throughout – and bilevels have basements that are partially above grade resulting in the lower level not feeling like a basement at all. The upper unit features an open-concept design including a spacious family room with a front balcony feature. The dining room opens unto the kitchen, which is white, timeless in design, and hosts ample cabinetry. The upper has three large bedrooms, a recently remodelled four-piece bath with tile feature, and a stacked laundry that is not shared with the downstairs tenant! The lower suite has a separate entrance, and you will be impressed by the functionality of the open concept living areas including a full kitchen, family room, two bedrooms, 3-piece bath and laundry. The big-ticket items are already cared for – like the cost of the application and updates required to legalize the basement suite, as well as new windows, doors, bathroom renovations in both suites, and a roof that has been completed within the last decade. The outdoor oasis includes a large deck and a fenced backyard with a firepit, perfect for summer evenings with loved ones and an added value for tenants. As a bonus the existing tenant in the lower suite is ready to stay! Whether you’re looking to find your families next home or diversify your investment portfolio – this rare gem will not last long!
Data was last updated September 9, 2024 at 11:10 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$499,999
Min list price:
$261,000
Max list price:
$725,000
Avg days on market:
41
Min days on market:
4
Max days on market:
122
Avg price per sq.ft.:
$523.04
These statistics are generated based on the current listing's property type
and located in
Albert Park/Radisson Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.