This home is a fantastic opportunity to own in a sought-after neighborhood while offering long-term potential for rental income or future resale value. Whether you're looking to start your homeownership journey with a mortgage helper or simply seeking a sound investment in a desirable location, this property ticks all the boxes. Charming Repurposed Family Home â Ideal Investment Opportunity. This unique property, formerly an up-and-down duplex, offers the flexibility of a single-family home with potential for conversion back to a duplex. Zoned RM-1 â Multiple Family Residential Structure Duplex (Non-Strata Up/Down), the home is still considered a full duplex by the municipality, making it a prime investment opportunity. The current owners have thoughtfully repurposed the space to a single-family residence, while keeping the original features intact for easy future conversion. The upper kitchen has been converted into a bedroom, but the plumbing outlet, electrical for a stove, and the door remain, making it easy to restore as a separate suite. Natural gas has been disconnected, but the two separate meters stay in place, making this property an excellent potential income generator. Walk Score 84 Very Walkable-Most errands can be conducted on foot. Bike Score 74-Very Bikeable-Biking is convenient for most trips. (id:27476)
