This well-maintained home is perfect for investors. Located just 10 minutes from downtown, 5 minutes from Marlborough Mall and 3 minutes from the TransCanada Centre, it's also close to schools, shopping centers, and transit.
The home features 5 bedrooms and 2 bathrooms, with a common area laundry. There's an illegal basement suite, perfect for rental income, and a double detached garage for extra parking. The stucco exterior adds durability, while the great patio offers an ideal outdoor space.
The property is situated on a generous 5,984 sq. ft. lot, and the city recently changed the zoning to R-CG, opening up even more possibilities. R-CG (Residential - Grade-Oriented Infill) is a residential designation primarily for rowhouses, but it also allows for single detached, side-by-side, and duplex homes that may include a secondary suite. This zoning makes the property an even greater investment opportunity with potential for future development!
Whether you're a local investor or from Toronto-Ontario, or Vancouver-BC, this deal is perfect for you! Located in the highly sought-after Marlborough community, you'll never run out of tenants thanks to its strong rental demand and proximity to key amenities.
Bonus: The current seller is willing to stay as a tenant for a year! Don't miss out on this incredible investment opportunity!