This 4-suites single family detached home will be of interest to Starting Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners mightclose and take possession immediately if the Buyer assumes existing tenants.. The four units in this grande fathered units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent o similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. each of the 4 suites has one 4-piece bathroom. three of the four suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for income generating is quite mant for the buyer with good income generation vision.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow, Up/Down
Total Living Area:
1,054 sq. ft.97.9 m2
Main Level Finished Area:
1,054 sq. ft.97.9 m2
Below Grade Finished Area:
9,687.6 sq. ft.900 m2
Lot Area:
5,683 sq. ft.528 m2
Lot Frontage:
49'10½"15.2 m
Front Exposure:
Southwest
Floor Location:
Ground
Levels:
One
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1959
(Age: 66)
Bedrooms:
4
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0
(Full:4, Half:0)
Plan:
8779HP
Heating:
Mid Efficiency, Forced Air, Hot Water, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Fireplace Details:
None
Garage:
1
Garage Spaces:
1
Parking:
Carport, Off Street, Parking Pad, RV Access/Parking, Single Garage Detached
Parking Covered:
4
Parking Places:
5
Parking Total/Covered:
5 /
4
Laundry Features:
In Basement, Laundry Room
Forest Lawn
Electric Stove, Gas Dryer, Refrigerator, Washer
3-fridges; 1- Gas Stove; 1 Electric stove
Call Lister
Floor
Type
Size
Other
Main Floor
Living Room
17'1"5.21 m × 16'6"5.03 m
Main Floor
Dining Room
9'10"3.00 m × 6'11"2.11 m
Main Floor
Kitchen With Eating Area
10'6"3.20 m × 8'2"2.49 m
Main Floor
Bedroom - Primary
11'6"3.51 m × 9'10"3.00 m
Main Floor
Bedroom
9'10"3.00 m × 9'2"2.79 m
Main Floor
Bedroom
10'2"3.10 m × 8'2"2.49 m
Basement
Family Room
14'9"4.50 m × 12'2"3.71 m
Basement
Bedroom
10'2"3.10 m × 9'6"2.90 m
Basement
Kitchenette
7'3"2.21 m × 4'7"1.40 m
Basement
Game Room
11'6"3.51 m × 10'6"3.20 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'11" x 8'2"
Main Floor
Yes
4
6'1" x 7'7"
Basement
No
4
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Other, Park, Playground
Interior Features:
Laminate Counters, No Animal Home, No Smoking Home, Separate Entrance
Exterior Features:
Courtyard, Garden, None
Patio And Porch Features:
None
Lot Features:
Back Lane, City Lot, Front Yard, Interior Lot, Landscaped
Data was last updated February 11, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$574,444
Min list price:
$157,000
Max list price:
$688,000
Avg days on market:
40
Min days on market:
8
Max days on market:
500
Avg price per sq.ft.:
$593.23
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. 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.