5 beds · 4 baths · 3010 sqft
This unique property in the heart of Strathmore sits on a generous rectangular lot, offering a blend of residential and income-generating potential. The main house is a charming bungalow featuring an open-concept layout with a spacious kitchen and living room, three bright bedrooms, and a well-appointed 4-piece bathroom on the main level. The lower level has been converted into an illegal rental suite, complete with two bedrooms, a cozy living area, a compact kitchen, and a 3-piece bathroom. Attached on the north side of the property, a separate addition was once used as an office. With its own entrance, this space offers versatility and could easily be repurposed as a home office or studio. Attached to this area is a double garage, providing ample parking and storage. Above the office and garage, an additional illegal rental suite awaits. This suite boasts a large bedroom, a spacious family room, a full kitchen, a 4-piece bathroom, and a laundry room, making it a self-contained unit ideal for rental or extended family living. This property offers endless possibilities for both personal use and possible rental income. (id:39198)
Building Type House, Detached
Year built 1961
Square Footage 3010 sqft
Stories 1
Bedrooms 5
Bathrooms 4
Parking 6
NeighbourhoodDowntown_Strathmore
Land size 557 m2|4,051 - 7,250 sqft
Heating type Forced air
Basement typeFull (Finished)
Parking Type Attached Garage
Time on REALTOR.ca1 day
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: TREC The Real Estate Company
Home price
$484,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$4,411 / month
Rent $3,901
Savings $510
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$3,887 / month
Rent $3,781
Savings $106
Initial deposit 5%
Savings target Fixed at 5%