Discover this exceptional opportunity to own a well-maintained, positive cash-flow property in a highly desirable and convenient location. The main floor offers a bright, spacious layout featuring three generous bedrooms plus a versatile den that can function as a fourth bedroom or home office, a functional kitchen with ample cabinetry, and a full four-piece bathroom complete with a jetted tub for added comfort.
The basement features a self-contained three-bedroom illegal suite with its own kitchen and four-piece bathroom — perfect for extended family, tenants, or generating additional rental income. Recent upgrades include a new hot water tank and updated closet doors, enhancing both convenience and value.
Outside, you’ll appreciate having no neighbour behind the property, providing added privacy, along with RV parking, ample street parking, and a storage shed that is already generating monthly income.
Conveniently located near schools, parks, shopping, and public transit, this property is ideal for investors seeking strong returns or first-time buyers looking to offset their mortgage with rental income. Current rents include: Main Floor tenant at $2,230 plus 60% utilities, Basement tenant at $1,940 plus 40% utilities, and the storage shed rented for $240 per month.
A rare find that combines functionality, privacy, investment potential, and location — don’t miss this one!
Data was last updated November 17, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$419,900
Min list price:
$200,000
Max list price:
$669,888
Avg days on market:
45
Min days on market:
3
Max days on market:
178
Avg price per sq.ft.:
$452.59
These statistics are generated based on the current listing's property type
and located in
Penbrooke Meadows. 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.