HUGE Lot | Legal Suite | Income Potential | Endless Possibilities. Welcome to this upgraded bungalow situated on a massive lot, offering outstanding affordability, redevelopment potential, and excellent income-generating opportunities. The bright and inviting main level features brand new vinyl plank flooring (2024), large sun-filled windows, and a spacious living area that flows seamlessly into the eat-in kitchen perfect for everyday living. Three well-sized bedrooms and a full bathroom w/ jetted tub, complete the upper level. Downstairs, you’ll find a charming and bright LEGAL basement suite with its own private front entrance. Finished with beautiful bamboo flooring, this very cute space includes a full kitchen, comfortable living area, bedroom, and a full bathroom. Shared laundry is conveniently located for easy access. With two separate furnaces, both levels enjoy independent climate control for added comfort and efficiency. Central A/C services the upper floor, the basement stays cool in the summer months without it. The basement is currently rented to a long-term tenant of over 20 years who would love to stay - offering immediate, stable income potential. Plenty of room in the basement for storage or to add another bedroom. Step outside to enjoy the expansive backyard - perfect for kids, pets, and entertaining. The low-maintenance, high-quality fencing provides both safety and peace of mind. An 8x10 storage shed adds extra functionality for tools and garden supplies. The oversized double garage (22x24) is insulated, heated, and equipped with 220V power ideal for a workshop or hobby space (radiant heater negotiable; workbenches excluded). The asphalt roof on the garage was done in 2019. There is also excellent RV parking and additional parking space for ultimate flexibility. Further upgrades include newer windows, central A/C, tankless hot water system, and dual furnaces serving both levels. This versatile property offers countless options live up, rent down, invest, or hold for future development. A rare opportunity with a large lot and built-in mortgage helper. Book your showing today!
Data was last updated April 25, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$522,500
Min list price:
$139,900
Max list price:
$699,900
Avg days on market:
40
Min days on market:
1
Max days on market:
938
Avg price per sq.ft.:
$516.08
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.