Single Family
University Buy-and-Hold: 4-Unit Cash Flow Engine Finding an exceptional buy-and-hold asset usually means compromising on location or layout—but this unique side-by-side bi-level duplex delivers both. Located minutes from the University, this cash-flow engine features fully legal basement suites, offering four distinct income streams in a near-zero vacancy market. The bi-level layout is an investor's secret weapon. Main levels offer bright living spaces transitioning to private, elevated balconies. Because of the design, the lower units sit partially above grade, completely eliminating that dark basement feel. Massive, oversized windows flood the legal lower suites with natural light, making them just as inviting as the main floors. With moderate renovations already completed, the heavy lifting is done for a clean, stable asset from day one. The property features a sun-drenched, south-facing backyard and a double detached garage perfect for generating additional parking or storage revenue. (id:6769)
Subarea
Allendale
Lot
530.85
Year Built
1976
Parking Type
2
| Room | Floor | Dimension |
|---|---|---|
| Family room | Basement | Measurements not available |
| Bedroom 5 | Basement | Measurements not available |
| Bedroom 6 | Basement | Measurements not available |
| Additional bedroom | Basement | Measurements not available |
| Bedroom | Basement | Measurements not available |
| Living room | Main level | Measurements not available |
| Dining room | Main level | Measurements not available |
| Kitchen | Main level | Measurements not available |
| Primary Bedroom | Main level | Measurements not available |
| Bedroom 2 | Main level | Measurements not available |
| Bedroom 3 | Main level | Measurements not available |
| Bedroom 4 | Main level | Measurements not available |
Marcel J. de Moissac
(780) 995-5282
RE/MAX Elite
(780) 406-4000
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-06-15 02:44:53
