***PRICE REDUCTION*** Investor Alert! This corner lot is RC-G zoned which allows for construction of a four unit town home with four separate legal basement suites (subject to approvals and permitting by the city). The property currently includes a raised bungalow with separate entrance to an illegal suite which offers a great revenue generating opportunity. The home boasts laminate flooring throughout the main floor, three bedrooms up a four piece bath, spacious living room and eat in kitchen. The basement suite has its own front lower entry and includes a kitchen, living, four piece bath and two more bedrooms down. This property boasts a double detached garage and parking for up to four cars. Updated shingles on the roof and the home. The large lot also has alley access. Tenant rights apply.