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This home is the true definition of ""Location, Location, Location"".  Surrounded by multiple schools, parks and playgrounds, with transit service basically at the front door and walking distance to the hospital, golf course and plenty of amenities, you can't beat this spot.  This home offers a three-bedroom upper unit with a bright living room w gas fireplace for those winters that never seem to end and a large entry way for all those snowy boots and winter coats that we'll be wearing till July apparently.  Through the separate back entrance, the basement has a nicely appointed two-bedroom unit with eat-in kitchen, plenty of storage and big foyer for the kids snowshoes and parkas after walking home from school this April.  Currently the upper unit is rented for $2600 per month all-in while the lower level is rented for $1800 per month all-in.  For the investor, that's grossing over $52K per year with a Cap Rate of 7.66%.  For those looking to occupy, the rent would certainly help offset the mortgage or it could easily be converted back to having the entire place for the family.  Put this one on the list to view asap - we all know it won't last long on the market in this area! (id:31684)

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