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    Description

    Opportunity knocks again in Forest Lawn with this exceptionally spacious 1,150+ sq ft bungalow, complete with a fully LEGAL basement suite and located on a generous 50' x 127' R-CG lot—zoned R-CG even before the city’s blanket rezoning initiative. This property offers a rare combination of size, upgraded features, income potential, and long-term redevelopment value. BASEMENT ACCESS FROM THE BACK AND THERE IS A SEPARATE ENTRANCE FOR THE BASEMENT IN THE FRONT OF THE HOME AS WELL! The main level welcomes you with an expansive living room that provides plenty of space for relaxation and entertaining. The large primary bedroom includes a convenient 2-piece ensuite, while two additional oversized bedrooms share a well-maintained 4-piece bathroom. The layout is bright and functional, with vinyl flooring throughout for a clean, modern look. A dedicated storage room on the main floor adds even more practicality to the space.A separate walk-up entrance leads to the LEGAL basement suite, making it ideal for rental income, extended family, or multi-generational living. The lower level features a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom—bringing the home to a total of 5 bedrooms and 2.5 bathrooms. A shared laundry room is easily accessible to both upper and lower occupants when tenanted.The home has seen continuous care and thoughtful upgrades over recent years, including a new roof, new vinyl-framed windows, new vinyl flooring in the legal basement suite, and updated flooring throughout the entire home. These improvements enhance comfort, efficiency, and durability, allowing the next owner to simply move in or start renting right away.Whether you're searching for a home to live in while generating rental income, a fully rentable property with strong returns, or a strategic holding asset with redevelopment potential, this property checks every box. The large R-CG lot provides excellent future flexibility for building and development o ptions.Move-in ready, well-updated, and loaded with opportunity, this Forest Lawn bungalow offers outstanding value for homeowners and investors alike. Don’t miss your chance to secure this versatile property with endless possibilities. (id:58070)

    Property Features

    • MLS® Number A2271011
    • Price $514,900
    • Bedrooms: 5
    • Bathrooms: 3
    • Square Footage: 1127 sqft
    • Property Type: House
    • Community Name: Forest Lawn
    • Amenities Near By Park, Playground, Recreation Nearby, Schools, Shopping
    • Features See Remarks, Back Lane
    • Parking Space Total 2
    • Plan 5519ac
    • Structure None

    Buildings

    Bathroom Total 3 Bedrooms Above Ground 3
    Bedrooms Below Ground 2 Bedrooms Total 5
    Appliances Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer Architectural Style Bungalow
    Basement Development Finished Basement Features Separate Entrance, Suite
    Basement Type Full (finished) Constructed Date 1967
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Stucco Flooring Type Vinyl
    Foundation Type Poured Concrete Half Bath Total 1
    Heating Type Forced Air Stories Total 1
    Size Interior 1127 Sqft Total Finished Area 1127 Sqft
    Type House

    Parking

    Other

    Land

    Acreage No Fence Type Fence
    Land Amenities Park, Playground, Recreation Nearby, Schools, Shopping Size Depth 38.71 M
    Size Frontage 15.32 M Size Irregular 590.00
    Size Total 590 M2|4,051 - 7,250 Sqft Size Total Text 590 M2|4,051 - 7,250 Sqft
    Zoning Description R-cg

    Rooms

    Level Type Dimensions
    Basement Recreational, Games Room 15.50 Ft x 18.58 Ft
    Basement Kitchen 12.92 Ft x 13.00 Ft
    Basement Bedroom 9.08 Ft x 10.92 Ft
    Basement Bedroom 9.08 Ft x 12.92 Ft
    Basement 4pc Bathroom Measurements not available
    Main Level Living Room 18.67 Ft x 12.83 Ft
    Main Level Dining Room 8.92 Ft x 10.83 Ft
    Main Level Kitchen 13.42 Ft x 15.67 Ft
    Main Level Primary Bedroom 11.17 Ft x 12.00 Ft
    Main Level 2pc Bathroom Measurements not available
    Main Level Bedroom 7.83 Ft x 12.50 Ft
    Main Level Bedroom 9.92 Ft x 12.50 Ft
    Main Level 4pc Bathroom Measurements not available
    Address
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