Turnkey income property with built-in development potential. This fully renovated two-unit property generates $3,400/month in rental income and sits on a rare oversized lot with severance potential. Both units have been extensively updated with new flooring, modern kitchens, fresh paint, and a new washer and dryer, while the roof has been repaired, offering a low-maintenance investment. Each unit operates independently with its own HVAC system, including AC and heat pump, controlled by separate thermostats, along with separate hot watertanks, eliminating shared utility concerns. The property sits on approximately 973 m with~21.33 m frontage and includes a side parcel recognized as a separate lot on title. A professional feasibility study confirms strong potential for severance. Under current RD1.2zoning, the property permits one single detached and one duplex as-of-right, with potential for two single detached homes subject to minor variance. A rare opportunity for investors or builders to generate strong income while unlocking additional future value. (id:24093)

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"Based on information submitted to CREA as of July 2, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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