1106-39 street SE

Incredible Investment Opportunity!

This fully renovated 1250 sq ft bi-level home is a rare find for investors or homeowners looking to have their mortgage paid by rental income. Generating $2800 per month from the basement suites and garage, this property offers the potential to live on the main floor while your tenants cover the costs.

Financial Breakdown:

• Legal 1-Bedroom Suite: Rented for $1,250/$month included utilities
• Secondary studio Suite (Illegal): Rented for $1,150/$month included utilities
• Double Heated Garage: Rented for $400/$month.
• Property Highlights:
• Extensive Renovations: Updated from top to bottom, including a brand-new roof, windows, kitchens, bathrooms, and flooring. Both basement suites renovated as well
• Key Upgrades: Brand new roof, windows, and kitchen, bathrooms, flooring, Furnace is only 7 years old, brand-new hot water tank, new deck, and a new concrete sidewalk surrounding the home.
• Mechanic’s Dream Garage: Double heated garage with 220V wiring. Keep it for your projects or continue renting it for $400

  Ample Parking: Large parking pad beside the garage, big enough for two RV trailers.

• Location: located within a 15-minute walk to the LRT and Marlborough shopping mall