1 Taylor Avenue

About This Property

Charming, beautifully updated downtown bungalow offering character, versatility, and excellent income potential! This move-in ready home features a bright and spacious main floor plus a fully self-contained basement suite with a separate entrance, perfect for investors or homeowners looking to offset their mortgage with rental income. Nestled on a quiet, family-friendly street in a desirable residential neighbourhood, you'll enjoy convenient access to schools, shopping, restaurants, public transit, highways, and the downtown core, all just minutes away. The main floor showcases lovely original hardwood floors and wood trim, a generous living room with a large bay window overlooking Pleasant Park, a vibrant community hub hosting events year-round. French doors lead to the dining room and into a well-appointed kitchen with ample cabinetry, counter space, and backyard views. Three good-sized bedrooms and a fully renovated 4-piece bath complete the level. The finished basement (new in 2025) features a separate entrance, large windows, shared laundry with new washer and dryer (2024), and a one-bedroom suite with living room, kitchen, 3-piece bath, and excellent storage. Currently tenanted at $1,300/month inclusive. Outside, enjoy the covered composite front porch, private concrete driveway with parking for five vehicles, and a fully fenced backyard offering a large patio, gardens, green space, and two sheds - including one with hydro - plus plenty of room for kids and entertaining. Recent updates include most windows, new blinds, copper wiring, updated plumbing, 100-amp breaker panel (2025), ceiling fans with remotes, central air (Spring of 2024) and more. A fantastic opportunity to live comfortably upstairs while generating income below - or add a turnkey investment property to your portfolio!