***EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF AUBURN BAY!*** Perfectly positioned in the sought-after lake community of Auburn Bay, this property offers a unique combination of comfortable living, income potential and future flexibility. Featuring a functional layout and a fully developed LEGAL suite (basement), this property offers an excellent opportunity for both investors and future homeowners alike.
The main living area offers a welcoming and functional space designed for everyday living, with a layout that makes the most of the home's available space. Upstairs, you'll find comfortable bedroom accommodations and a full bathroom, providing a practical living arrangement for families and tenants alike.
Adding tremendous value and versatility is the fully developed LEGAL suite(basement), complete with an additional bedroom, full bathroom and separate living accommodations. Whether you're looking to expand your investment portfolio or offset homeownership costs with rental income, the secondary suite offers an excellent opportunity.
***Even more appealing is the flexibility this property offers.*** Both the upper living area and basement are currently tenant-occupied, providing an opportunity for investors to continue with the existing rental arrangements and benefit from established tenancies. The current upstairs occupants also operate a legally established home-based dayhome. The tenants would prefer to remain; however, buyers looking for future owner-occupancy may also explore the possibility of vacant possession.
Located in the desirable lake community of Auburn Bay, residents enjoy access to the lake, beaches, parks, pathways and a variety of year-round recreational opportunities. Conveniently situated near schools, shopping, restaurants, transit and South Health Campus, this location offers an excellent balance of lifestyle and everyday convenience.
Whether you're searching for an income-generating investment, a property with a legal mortgage-helper legal suite, or an opportunity with future owner-occupancy potential, this Auburn Bay property offers multiple possibilities.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
1
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,340.6 sq. ft.125 m2
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
2,647 sq. ft.246 m2
Lot Frontage:
25'4"7.72 m
Front Exposure:
East
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2015
(Age: 11)
Bedrooms:
4
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
0
Bedrooms Below Grade:
1
Bathrooms:
4.0
(Full:3, Half:1)
Num Ensuite Baths:
1
Plan:
1112351
Heating:
Forced Air
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement, Multiple Locations, Upper Level
HOA Fee:
$523.00
Southeast
Auburn Bay
Clubhouse, Playground
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Entrance
9'2"2.79 m × 6'7"2.01 m
Main Floor
Entrance
3'9"1.14 m × 3'5"1.04 m
Main Floor
Kitchen With Eating Area
11'3"3.43 m × 11'1"3.38 m
Main Floor
Dining Room
14'1"4.29 m × 8'7"2.62 m
Main Floor
Living Room
14'2"4.32 m × 12'5"3.78 m
2nd Floor
Bedroom
12'3"3.73 m × 9'3"2.82 m
2nd Floor
Bedroom
9'11"3.02 m × 9'3"2.82 m
2nd Floor
Walk-In Closet
8'2.44 m × 3'4"1.02 m
2nd Floor
Bedroom - Primary
14'3"4.34 m × 11'4"3.45 m
2nd Floor
Laundry
4'8"1.42 m × 3'10"1.17 m
Basement
Bedroom
10'8"3.25 m × 10'2"3.10 m
Basement
Furnace/Utility Room
10'7"3.23 m × 5'8"1.73 m
Basement
Mud Room
7'10"2.39 m × 6'11"2.11 m
Basement
Kitchen
7'3"2.21 m × 3'5"1.04 m
Basement
Family Room
12'5"3.78 m × 9'10"3.00 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'1" x 5'9"
2nd Floor
Yes
4
4'11" x 8'7"
2nd Floor
No
4
4'11" x 7'5"
Basement
No
4
7'1" x 4'11"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Separate Entrance
Data was last updated November 4, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$444,900
Min list price:
$239,900
Max list price:
$1,325,000
Avg days on market:
36
Min days on market:
1
Max days on market:
194
Avg price per sq.ft.:
$394.9
These statistics are generated based on the current listing's property type
and located in
Auburn Bay. 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.