INVESTOR ALERT – LEGAL WALKOUT SUITE! Latest rental was $4,325 Monthly Rent. This well-maintained 2-storey home with a LEGAL WALKOUT BASEMENT SUITE is an exceptional addition to any investor’s portfolio or home for larger family. The main and upper levels feature 4 bedrooms and 2.5 bathrooms, with an OPEN-CONCEPT layout. Appliances Include: 2x Refrigerators, 2x stoves, 2x Dishwashers, 2x Washer & Dryers and spacious living areas that attract long-term tenants. The LEGAL WALKOUT suite offers 1 bedroom, 1 bathroom, full kitchen, laundry, and private entrance—a highly desirable setup for stable rental demand. Up until the end of September 2025 the property rented top and bottom for $4,325/month, providing reliable cash flow. Key Investor Highlights: fully compliant and insurable. Lenders and banks typically view this favorably, often allowing buyers to qualify for additional borrowing power. WALKOUT BASEMENT increases tenant appeal & rental value. The Property offers a double attached garage + ample driveway parking and Low-maintenance lot in the desirable community of Bow Ridge. With strong rental history the property has potential to increase rents further with upgrades to upper level. Located close to schools, shopping, transit, and major routes, ensuring consistent tenant demand. Whether you’re expanding your portfolio or looking for a property that pays for itself, this home is a rare find in today’s market. (id:55577)
Property Features
- MLS® Number A2261551
- Price $624,900
- Bedrooms: 5
- Bathrooms: 4
- Square Footage: 2084 sqft
- Property Type: House
- Community Name: Bow Ridge
- Amenities Near By Park, Playground
- Community Features Fishing
- Features No Smoking Home
- Parking Space Total 4
- Plan 9912966
- View Type View
Buildings
| Bathroom Total | 4 | Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 5 |
| Appliances | Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer | Basement Development | Finished |
| Basement Features | Walk Out, Suite | Basement Type | Full (finished) |
| Constructed Date | 2001 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | None |
| Exterior Finish | Vinyl Siding | Fireplace Present | Yes |
| Fireplace Total | 1 | Flooring Type | Carpeted, Hardwood, Laminate |
| Foundation Type | Poured Concrete | Half Bath Total | 1 |
| Heating Type | Forced Air, In Floor Heating | Stories Total | 2 |
| Size Interior | 2084 Sqft | Total Finished Area | 2084.05 Sqft |
| Type | House |
Parking
| Attached Garage | 2 |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground | Landscape Features | Landscaped, Lawn |
| Size Depth | 35 M | Size Frontage | 13.67 M |
| Size Irregular | 492.00 | Size Total | 492 M2|4,051 - 7,250 Sqft |
| Size Total Text | 492 M2|4,051 - 7,250 Sqft | Zoning Description | R-ld |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Second Level | 4pc Bathroom | 5.17 Ft x 7.67 Ft |
| Second Level | 4pc Bathroom | 9.17 Ft x 10.50 Ft |
| Second Level | Bedroom | 10.00 Ft x 11.08 Ft |
| Second Level | Bedroom | 10.00 Ft x 14.25 Ft |
| Second Level | Bedroom | 15.92 Ft x 15.50 Ft |
| Second Level | Primary Bedroom | 12.83 Ft x 15.83 Ft |
| Basement | 3pc Bathroom | 7.75 Ft x 9.92 Ft |
| Basement | Bedroom | 8.25 Ft x 11.17 Ft |
| Basement | Dining Room | 10.00 Ft x 8.00 Ft |
| Basement | Kitchen | 10.50 Ft x 13.00 Ft |
| Basement | Recreational, Games Room | 19.33 Ft x 12.83 Ft |
| Basement | Furnace | 12.33 Ft x 11.25 Ft |
| Main Level | 2pc Bathroom | 4.83 Ft x 5.67 Ft |
| Main Level | Dining Room | 9.92 Ft x 8.08 Ft |
| Main Level | Kitchen | 17.83 Ft x 12.92 Ft |
| Main Level | Laundry Room | 9.17 Ft x 8.08 Ft |
| Main Level | Living Room | 14.83 Ft x 13.00 Ft |
| Main Level | Office | 12.00 Ft x 11.50 Ft |
Agents and Offices
- Gavin Conway
- Office: 2% Realty