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16
$349,900 Sale
Listed 2 hours ago
3918 50 Street
· 4
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· 897
Key Facts
Key facts for 3918 50 Street
Property Type
House, Bungalow
Parking
Double Garage Detached,Off Street,Parking Pad , Double Garage Detached,Off Street,Parking Pad 5 parking
MLS #
A2358524
Size
897 sqft
Basement
Full,Finished,Separate Entrance
Listed on
-
Lot size
-
Days on Market
-
Year Built
1953
Maintenance Fee
-
Description
Turnkey investment opportunity with a legal basement suite built just 5 years ago, currently generating $2,650 per month in rental income, with tenants paying most utilities. The main floor offers 2 bedrooms, a good-sized living room, a cozy kitchen, and a 4-piece bath. The legal basement suite mir...rors that layout with 2 bedrooms, a 4-piece bath, a full kitchen, and a separate living area. Each suite has its own in-suite laundry, and the suites are separately heated and ventilated, which keeps tenant comfort high and utility allocation simple. Additional features include a double car garage with additional off-street parking, plus a fully fenced shared yard. A solid addition for investors looking to build a portfolio, or for an owner-occupier who wants help carrying the mortgage. Newer legal suite construction means less capital risk than older conversions, and with stable rental income and low tenant utility exposure, the numbers are easy to underwrite.
Room Types
Bedroom
11`5" x 8`9"
Dimensions 11'5" x 8'9"
99.9 sqft
Bedroom - Primary
12`10" x 12`2"
Dimensions 12'10" x 12'2"
156.14 sqft
4pc Bathroom
8`0" x 6`10"
Dimensions 8'0" x 6'10"
54.67 sqft
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Courtesy of: CIR Realty
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