Real estate can be a jungle, but not at 69 Lyons Ave. Invest smart. Invest strong. Why rent when you can own and build equity? This turnkey bungalow, listed just under $700K, offers immediate rental income, making it an ideal choice for multi-generational families, first-time buyers, or investors. Unlike other homes that advertise rental potential, this home is move-in ready with a fully functional rental unit—you can start collecting income from day one! The main floor features hardwood flooring, two bedrooms, a 4-piece bath, and a kitchen with soft-close cabinetry, a gas stove, and a built-in dishwasher (2021), with direct access to both the basement and side entrance. The in-law suite has a separate entrance, two bedrooms, a rec room, a second full bath, and shared laundry—a practical, cost-effective solution for maintaining separate spaces while keeping expenses low. Whether you’re an investor or a homeowner looking for extra income, this setup offers built-in financial flexibility. The turnkey rental income can immediately offset mortgage costs, making this home far more affordable than renting—a stepping stone to future homeownership or an easy investment. With rental income helping to cover costs, your monthly payments could be lower than renting a two-bedroom apartment! Enjoy a deep fenced backyard, garden shed (2016), additional storage shed, and recent updates: new roof (2021), plumbing & hot water heater (2021), and furnace (2016). The home’s layout maximizes functionality, making it a comfortable yet efficient living space. Close to top-rated schools, transit, shopping, and the hospital, this home is a rare opportunity in an affordable price range. Don’t wait—schedule your private showing today and step into homeownership with confidence! No offer date. Offers anytime. (id:47421)
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Detailed Information
Bedrooms
2+2
Bathrooms
2
Lot
30 x 123 ft
Amenities Nearby
Hospital, Schools, Shopping
Features
In-Law Suite
Listing Contract Date
2025-02-10
Location Description
Lyons Ave & Terrace
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R1C / C6
Building
Appliances
Dishwasher, Dryer, Refrigerator, Washer, Gas stove(s)
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Basement
Measurements not available
4pc Bathroom
Basement
Measurements not available
Bedroom
Basement
9'0'' x 11'0''
Bedroom
Basement
9'0'' x 11'4''
Kitchen
Basement
9'4'' x 19'4''
Bedroom
Main level
8'4'' x 9'4''
Primary Bedroom
Main level
10'2'' x 11'4''
4pc Bathroom
Main level
Measurements not available
Kitchen
Main level
12'10'' x 10'7''
Land
Total Size
under 1/2 acre
Amenities
Hospital, Schools, Shopping
Sewer
Municipal sewage system
Open Houses
Date & Time
Comments
02/03/2025 2:00 AM - 4:00 PM
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