640 Lancaster Avenue Welcome to this versatile two-family home offering incredible flexibility for multigenerational living or an excellent opportunity to offset your mortgage with rental income. The upper level is currently configured as a spacious two-bedroom unit but can easily function as a three-bedroom layout, allowing both units to effectively offer three bedrooms. Each unit features its own laundry with washer and dryer, separate hot water tanks, individual electrical meters, and electric heat, providing convenience and independence for occupants. Located just moments from Bayshore Beach, this property enjoys stunning 360-degree ocean views where you can watch cruise ships arriving in the harbour a rare and scenic backdrop to everyday living. Outside, the home sits on beautifully landscaped grounds and offers a huge double paved driveway with ample parking. An oversized single detached garage with a loft provides excellent storage or potential workshop space. Over the years, the home has seen numerous updates including newer windows, updated plumbing and electrical, and a durable metal roof installed approximately two years ago. Currently owner-occupied, this property presents a fantastic opportunity for homeowners looking for extra space, flexible living arrangements, or the option to generate rental income while enjoying coastal views. (id:203)