Property Description for 71 Queen Alexandra Close SE
Unlock exceptional cash flow potential with this oversized bungalow, a standout investment in today’s market! Previously generating $3550 monthly ($2,100 main floor + $1,450 basement current tenant), this property delivers strong returns even with current interest rates. Alternatively, live in one suite and let the other significantly offset your mortgage, maximizing your financial flexibility. MAIN FLOOR HIGHLIGHTS: Spacious layout with three generously sized bedrooms, including a master featuring a 2-piece ensuite. Bright and open living, dining, and kitchen areas, flooded with natural light from large windows. Ample storage with a front closet, pantry, and additional shelving at the rear entrance. BASEMENT SUITE (ILLEGAL) Expansive great room, ideal for work-from-home setups or additional living space. Two well-appointed bedrooms, a full bathroom, and a modern kitchen with stainless steel appliances. Shared rear entrance with access to a shared laundry and mechanical room for convenience. Large backyard perfect for pets, kids, or gardening, complete with an oversized single garage. Adjacent off-leash park for pet owners and outdoor enthusiasts. Walkable to groceries, restaurants, and Starbucks, enhancing tenant appeal and lifestyle convenience. This property is a rare find for savvy investors or owner-occupants seeking immediate cash flow and long-term value. Don’t miss out on this turnkey opportunity to capitalize on a high-demand rental market!
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Property Details
Property Tax
: N/AMLS® #
: A2253572
Home Features
Property Type
: Single FamilySquare Footage
: 1,256 SQFTSubdivision
: Queensland
Interior Features
Heating
: Forced Air, Natural GasBasement
: Separate/Exterior Entry, Finished, Full, SuiteFlooring
: Laminate, Tile, Vinyl Plank
Exterior Features
Acreage
: 0.12Garage
: YesRoof
: Asphalt Shingle
Other
Parking Features
: Double Garage DetachedExterior Features
: Private Yard
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