Listing Details

Excellent investment opportunity in a well-established and family-friendly community. This half-duplex features an illegal/non-conforming basement illegal suite and that offers strong rental income potential for investors or owner-operators alike. Conveniently located close to major amenities, including shopping at Costco, grocery stores, medical services, schools, and recreational facilities. The main level offers a bright and functional layout with three spacious bedrooms, a full kitchen, a welcoming living room, and a comfortable dining area. The lower illegal suite, with its own separate entrance, features an open-concept living area, separate kitchen, large bedroom with an oversized window, and excellent flexibility for tenants. Current rental income is approximately $1,750 per month for the upper level and $1,100 per month for the illegal lower suite. Long-term tenants contribute to the property's stability, with the upper tenants in place for approximately 12 years and the illegal lower-suite tenant occupying since 2023. The landlord currently pays all utilities. Additional features include a convenient front driveway, covered patio area, and a location that continues to attract strong tenant demand. A fantastic opportunity to add a property to your portfolio. Come on buy, 132 Allandale Cl SE!