Revenue Property Opportunity – Long-Term Tenant in Place! Well-located 2-storey condo townhome offering a practical and desirable layout for tenants, with kitchen, dining, and living room on the main floor, plus 2 bedrooms and a full 4-piece bathroom upstairs. The oversized primary bedroom spans the full width of the unit and features double closets, offering excellent storage and tenant appeal.
The unfinished basement includes in-suite laundry with washer and dryer, additional storage space, and future value-add potential. This property has a history of very long-term tenancy, making it an attractive option for investors seeking stable occupancy and reliable rental demand.
The unit is currently in lived-in condition and would benefit from cosmetic updates such as paint and flooring over time. Priced accordingly, this creates an excellent opportunity for an investor to improve value gradually while maintaining income potential.
Located in a professionally managed condo corporation with consistent upgrades, including all decks replaced last year. Close to shopping, transit, parks, and the university—an ideal rental location with strong tenant demand.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
959.07 sq. ft.89.1 m2
Main Level Finished Area:
457.29 sq. ft.42.5 m2
Upper Level Finished Area:
501.78 sq. ft.46.6 m2
Below Grade Finished Area:
448.47 sq. ft.41.7 m2
Condo Fee:
$295.00
Condo Fee Includes:
Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Listed by HomeTime Property Services Ltd. o/a HomeTime
Data was last updated May 12, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$415,000
Min list price:
$169,900
Max list price:
$834,900
Avg days on market:
13
Min days on market:
4
Max days on market:
97
Avg price per sq.ft.:
$362.91
These statistics are generated based on the current listing's property type
and located in
Varsity Village. 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.