2 beds · 1 bath · 735 sqft
Unlock the Potential: A Perfect Project for First-Time Buyers or Investors Nestled on a large corner lot, this raised bungalow offers an exciting opportunity for first-time homebuyers or savvy investors. Located in a prime area, the property sits on a bike and rapid transit route, within walking distance to downtown, the new entertainment district, the river, and a vibrant farmer's market. Convenience is at your doorstep with easy access to all essential amenities. With the new zoning changes and the federal housing accelerator this site could be a great investment opportunity for future redevelopment into 4 or 6 unit property. The home features a flexible layout with 1 bedroom and 1 bathroom on the main level, a second bedroom in the basement, and a converted garage that serves as an additional living space. While the house needs new paint, flooring, and some cosmetic upgrades, it boasts excellent potential for those ready to put in the work and reap the rewards. Outside, the spacious yard offers two sheds and plenty of room to create an outdoor oasis or consider redevelopment opportunities. Whether you’re looking for a starter home where you can build sweat equity or a rental property with strong appeal, this home ticks all the boxes. Don’t miss this chance to transform potential into value—schedule your showing today! (id:39198)
Building Type House
Year built 1951
Square Footage 735 sqft
Stories 1
Bedrooms 2
Bathrooms 1
Parking
NeighbourhoodCaswell Hill
Land size 5200 sqft
Heating type Forced air
Basement typeFull (Partially finished)
Parking Type
Time on REALTOR.ca0 days
Brokerage Name: eXp Realty
Home price
$125,000
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.
$1,047 / month
Rent $985
Savings $62
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$1,002 / month
Rent $975
Savings $27
Initial deposit 5%
Savings target Fixed at 5%