New Listing. Live in one unit while your tenants help pay the mortgage! Whether you're a first-time buyer, investor, or looking to enter the rental market, this well-maintained income property offers an outstanding opportunity. The spacious owner-occupied bungalow features a comfortable 3-bedroom layout with a bright and inviting living room, separate dining area, and a large kitchen offering plenty of cabinet and workspace. An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage. The property offers three self-contained units in total, including the owner's living quarters. The two additional rental suites each feature their own private entrance, kitchen, and 4-piece bathroom, with shared access to the laundry area, creating an excellent opportunity to generate steady rental income while enjoying the comfort of your own home. Whether you're looking to offset your mortgage, purchase your first home, enter the rental market, or expand your investment portfolio, this versatile property offers flexibility and excellent income potential. Located on the city's desirable north side, you'll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities. A rare opportunity to own a well-maintained income property that allows you to live comfortably while generating rental income. Whether you're a first-time buyer, aspiring landlord, or seasoned investor, this property offers the perfect combination of homeownership and investment potential. Let's Book Your Viewing, Call Today. (id:4069)
Address
218 POWLEY STREET
List Price
$535,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Thunder Bay (court Cumberland)
Bedrooms
5
Bathrooms
3
Lot Size
52 x 120 FT Sq. Ft.
Lot Depth
120 ft
Frontage Length
52 ft
MLS® Number
X13635674
Listing Brokerage
Re/Max First Choice Realty Ltd.
Basement Area
Full (Partially finished)
Postal Code
P7A2K9
Zoning
Urban Low Rise Zone
Ownership
Freehold
Appliances
All, Dryer, Freezer, Microwave, Stove, Washer, Refrigerator
Heat Source
Natural gas
Heat Type
Forced air
Foundation Details
Block
Other Structures
Deck
Number Of Floors In Building
1
Water Source
Municipal water
Access To Property
Public Road
Sewer
Sanitary sewer
