$ POSITIVE CASHFLOW $ | RENOVATED BUNGALOW | PRIME LOCATION |
Welcome to this beautifully updated half duplex bungalow featuring a LEGAL BASEMENT SUITE — the perfect opportunity for investors or buyers seeking mortgage helper income! LOCATED IN A PRIME LOCATION OF CASTLERIDGE offering 5 bedrooms and 2.5 baths (3 up, 2 down), this property combines SOLID POSITIVE CASHFLOW with peace of mind from recent upgrades.
The main floor showcases recent renovations, modern finishes, and a bright, open layout. The fully renovated legal basement suite includes two spacious bedrooms, 1.5 baths, separate entrance, and excellent tenants who wish to stay.
Major updates include new siding and roofing, newer hot water tank, and three new basement windows currently being installed. Both suites have separate laundry and share utilities (60/40 split).
This well-maintained property generates STRONG POSITIVE CASHFLOW with reliable tenants.
Located in a quiet neighbourhood close to schools, parks, shopping, and transit. A turn-key investment with great tenants, great condition, and great returns. A must-see for investors or first-time buyers looking for income potential!
Steps from schools (All Levels), bus stops, playgrounds. Residents can easily access grocery stores, restaurants, day-cares, and schools, making it a great location for families. The area’s reputation as family-oriented supports both owner-occupier and rental demand.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,034.59 sq. ft.96.1 m2
Lot Area:
2,497 sq. ft.232 m2
Lot Frontage:
25'11"7.9 m
Front Exposure:
East
Floor Location:
Ground
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
1980
(Age: 45)
Bedrooms:
5
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0
(Full:2, Half:1)
Plan:
8010891
Heating:
Forced Air
Basement:
Finished, Full, Separate/Exterior Entry, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
Lower Level, Main Level
Castleridge
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'11"3.02 m × 7'10"2.39 m
Main Floor
Bedroom
11'9"3.58 m × 7'11"2.41 m
Main Floor
Dining Room
9'7"2.92 m × 8'5"2.57 m
Main Floor
Kitchen
13'9"4.19 m × 12'4"3.76 m
Main Floor
Living Room
18'11"5.77 m × 13'9"4.19 m
Main Floor
Bedroom - Primary
11'10"3.61 m × 10'9"3.28 m
Basement
Bedroom
10'3"3.12 m × 8'8"2.64 m
Basement
Bedroom
15'11"4.85 m × 8'7"2.62 m
Basement
Kitchen
14'4.27 m × 12'4"3.76 m
Basement
Game Room
17'10"5.44 m × 13'2"4.01 m
Basement
Furnace/Utility Room
6'1.83 m × 4'2"1.27 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
9'8" x 4'11"
Basement
Yes
2
5'8" x 3'
Basement
No
4
9'8" x 5'1"
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Granite Counters, No Smoking Home, Open Floorplan, Separate Entrance, Vinyl Windows
Data was last updated October 23, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$489,999
Min list price:
$399,000
Max list price:
$670,000
Avg days on market:
28
Min days on market:
1
Max days on market:
78
Avg price per sq.ft.:
$449
These statistics are generated based on the current listing's property type
and located in
Castleridge. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.