A rare FULL DUPLEX OPPORTUNITY with exceptional flexibility, multiple (FOUR) existing living spaces and incredible potential for an investor, multi-generational household, or owner looking to offset their mortgage with rental income. Offering over 3200sf above grade between both sides, this unique property provides a variety of possibilities both now and in the future.One side features a spacious 1760sf TWO STOREY HOME WITH FULLY DEVELOPED BASEMENT. Keep the home as one large residence, live here while generating income from the neighbouring units, or explore the potential to create an additional basement suite with its own separate entrance (subject to city requirements). The two storey side does require some TLC, but its size and layout offer an excellent opportunity to renovate and add value.The adjoining 1450sf BUNGALOW adds even more versatility. Its lower level already includes an EXISTING 1-BEDROOM LEGAL SUITE, along with an ADDITIONAL STUDIO STYLE LIVING SPACE with a kitchenette. The bungalow also benefits from an existing SEPARATE SIDE ENTRANCE, helping provide privacy and independence between living areas.For an investor with vision, the property offers the potential for UP TO FIVE SELF-CONTAINED LIVING SPACES across the entire duplex (subject to city requirements). Alternatively, occupy one side and rent the other, accommodate extended family while maintaining separate spaces, or simply hold the property as a substantial full-duplex rental.Outside, the property is already well designed for multiple households. The backyards are SEPARATELY FENCES, each with its own access to the EXPANSIVE REAR PARKING PAD spanning the width of the property. There is also significant potential to further develop the parking area with up to two garages or one oversized garage.Big properties create big possibilities, and this one offers a combination of space, existing rental infrastructure and future value-add potential that is difficult to find. Whether your visio n is a multi-unit investment, mortgage-helper setup, multi-generational property or renovation project, there is plenty here to work with. (id:55577)
Property Features
- MLS® Number A2341560
- Price $835,000
- Bedrooms: 10
- Bathrooms: 5
- Square Footage: 3242 sqft
- Community Name: Forest Lawn
- Amenities Near By Park, Playground, Schools, Shopping
- Features Back Lane, Level
- Parking Space Total 4
- Plan 7011jk
- Structure None
Buildings
| Bathroom Total | 5 | Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 4 | Bedrooms Total | 10 |
| Appliances | Refrigerator, Oven - Electric, Dishwasher, Window Coverings, Washer & Dryer | Basement Development | Finished |
| Basement Features | Separate Entrance, Suite | Basement Type | Full (finished) |
| Constructed Date | 1970 | Construction Material | Wood Frame |
| Construction Style Attachment | Attached | Cooling Type | None |
| Exterior Finish | Stucco, Wood Siding | Fireplace Present | Yes |
| Fireplace Total | 1 | Flooring Type | Carpeted, Ceramic Tile, Vinyl Plank |
| Foundation Type | Poured Concrete | Half Bath Total | 1 |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 3242 Sqft | Total Finished Area | 3241.94 Sqft |
Parking
| Other | |
| Parking Pad |
Land
| Acreage | No | Fence Type | Cross Fenced, Fence |
| Land Amenities | Park, Playground, Schools, Shopping | Land Disposition | Cleared |
| Landscape Features | Lawn | Size Frontage | 49.98 M |
| Size Irregular | 6296.89 | Size Total | 6296.89 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 6296.89 Sqft|4,051 - 7,250 Sqft | Zoning Description | R-cg |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Basement | Bedroom | 8.67 Ft x 10.58 Ft |
| Basement | Bedroom | 8.67 Ft x 10.75 Ft |
| Basement | Bedroom | 8.67 Ft x 10.92 Ft |
| Basement | Den | 8.83 Ft x 10.92 Ft |
| Basement | Furnace | 4.67 Ft x 3.92 Ft |
| Main Level | Kitchen | 8.00 Ft x 8.00 Ft |
| Main Level | Dining Room | 7.42 Ft x 9.75 Ft |
| Main Level | Living Room | 12.08 Ft x 18.08 Ft |
| Main Level | Laundry Room | 7.75 Ft x 7.00 Ft |
| Main Level | Bedroom | 11.00 Ft x 11.75 Ft |
| Main Level | Bedroom | 8.08 Ft x 11.67 Ft |
| Main Level | Bedroom | 8.08 Ft x 10.08 Ft |
| Main Level | 4pc Bathroom | 7.75 Ft x 8.33 Ft |
| Main Level | Living Room | 18.58 Ft x 11.83 Ft |
| Main Level | Kitchen | 8.50 Ft x 7.92 Ft |
| Main Level | Foyer | 9.33 Ft x 6.92 Ft |
| Main Level | Dining Room | 10.08 Ft x 11.33 Ft |
| Main Level | 2pc Bathroom | 6.17 Ft x 3.08 Ft |
| Upper Level | Bedroom | 8.08 Ft x 10.42 Ft |
| Upper Level | Bedroom | 10.08 Ft x 11.75 Ft |
| Upper Level | Primary Bedroom | 18.67 Ft x 11.58 Ft |
| Upper Level | 4pc Bathroom | 8.08 Ft x 6.67 Ft |
| Unknown | Kitchen | 5.75 Ft x 7.42 Ft |
| Unknown | Recreational, Games Room | 12.33 Ft x 23.08 Ft |
| Unknown | Furnace | 5.25 Ft x 8.25 Ft |
| Unknown | 4pc Bathroom | 7.42 Ft x 6.25 Ft |
| Unknown | Kitchen | 11.33 Ft x 5.08 Ft |
| Unknown | Living Room | 9.08 Ft x 12.42 Ft |
| Unknown | Primary Bedroom | 8.58 Ft x 14.25 Ft |
| Unknown | 4pc Bathroom | 7.00 Ft x 7.00 Ft |
Agents and Offices
- Mark John
- Office: RE/MAX First