Investor alert! A new two-year lease is in place with long-term tenants paying $2,200/month, making this a strong, cash-flowing asset from day one. This conforming up/down legal suite is ideally located Downtown and presents an excellent opportunity to start or expand your investment portfolio.
The upper suite is well maintained and features 2 bedrooms, 1 bathroom, and a spacious kitchen with ample counter space and a dining area. The lower suite offers 3 bedrooms, 1 bathroom, a functional kitchen, and a comfortable living space—providing solid rental appeal.
Outside, the property includes a single-car garage and a fully fenced yard, adding to tenant convenience and overall value.
For those thinking long term, there is also the opportunity to purchase this property together with the neighboring home, opening the door for future multi-family development potential.
Listing Brokerage: Grassroots Realty Group Ltd.