
Courtesy of: Ryan Stulp, Associate, The Real Estate District
$559,000
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5 bed
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1,019 square feet
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2.00 Bath
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Single Family
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$559,000
268 Madeira Place NE Well-maintained detached bungalow offering flexible use for investors or future owner-occupants. The main floor features three bedrooms, while the lower level includes a two-bedroom basement suite with a separate entrance. Recent basement updates include new egress windows, vinyl plank flooring, baseboards, and fresh paint.The property is currently rented month-to-month with rents of $1, 700 for the main floor, $1, 300 for the basement, and $400 for the oversized heated double garage, providing multiple income streams. Tenants are scheduled to vacate February 15, unless a purchaser wishes to assume them under a new lease. Additional highlights include a fenced yard, back lane access, heated garage, and a quiet residential location close to transit, schools, shopping, and major roadways. A versatile opportunity offering income today with future flexibility. (id:203)