Live/Invest possibilty in this partially tenanted Penbrook Meadows Bi-Level property on a quiet street. There is a currently vacant illegal two bedroom and one bath basement suite as well as an main level two bedroom, one bathroom suite that rented on a fixed term lease to great tenants through December 15, 2023. That lease is currently fetching $1,850 per month including utilities. The basement is not leased any longer and was most recently renting foir $1,550 per month including utilities for the basement, That is a total rent potential of $3,400 per month, currently. In addition there is an oversized single garage (size of a double with a single door) complete with 220 service with additional rental potenial that is currently not rented out. Modernization updates include double insulation between the floors for sound proofing, upgraded attic insulation to R20, cleaning of the main drain line, installation of refurbished funace and hot water tank in 2021. With 920 ft2 the main floor offers two bedrooms, one bathroom, and an open floor plan with generous rooms. There is white cabinetry, stainless appliances, laminate flooring throughout and a separeate laundry pair. The illegal basement suite also has two bedrooms and one bathroom, a spacious kitchen and living area and its own laundry room. The massive west facing back yard space has a deck off the upper level, side fencing, additional parking and tons of grassy space. In addition to tthe impovrments that have been made, there is definitely some immediate and shorter term work required on this property (shingles, windows and deck, etc) which is refelcted in the pricing. Come and see for yourself today or call for more details.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Immediate, Negotiable, Subject To Tenancy
Suite:
Suite - Illegal
Home Style:
Bi-Level
Total Living Area:
920.43 sq. ft.85.51 m2
Main Level Finished Area:
920.43 sq. ft.85.51 m2
Below Grade Finished Area:
611.5 sq. ft.56.81 m2
Taxes:
$2,245 /
2022
Tax Assessed Value:
314000.0
Lot Area:
4,596 sq. ft.426.98 m2
Front Exposure:
West
Levels:
Bi-Level
Total Rooms Above Grade:
4
Year built:
1973
(Age: 51)
Bedrooms:
4
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
1599LK
Heating:
Forced Air, Natural Gas
Basement:
Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco
Structure Type:
House
Roof:
Asphalt
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Oversized, Single Garage Detached
Parking Places:
1.0
Parking Total/Covered:
1 /
-
Laundry Features:
In Basement, Main Level, Multiple Locations
Penbrooke Meadows
Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer Stacked, Window Coverings
Refrigerator, Dishwasher, Hood Fan, Electric Stove, Washer and Dryer in Basement. Wardrobes in basement bedrooms.
None Known
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
25'6"7.77 m × 14'6"4.42 m
Main Floor
Kitchen
10'6"3.20 m × 8'2.44 m
Main Floor
Bedroom - Primary
14'4.27 m × 11'3.35 m
Main Floor
Bedroom
11'6"3.51 m × 8'6"2.59 m
Main Floor
Laundry
4'1.22 m × 3'6"1.07 m
Basement
Family Room
13'6"4.11 m × 11'6"3.51 m
Basement
Kitchen
13'6"4.11 m × 10'6"3.20 m
Basement
Bedroom
14'6"4.42 m × 8'2.44 m
Basement
Bedroom
13'6"4.11 m × 7'6"2.29 m
Basement
Laundry
11'3.35 m × 8'2.44 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'
Basement
No
4
4'6" x 7'6"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
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