165 King Edward Avenue

About This Property

Turnkey well-cared for legal duplex with two above-ground 3-bedroom units and a bonus vacant large basement with separate entrance for potential triplex. This licensed rental property has excellent tenants in both units paying market rents and all utilities. The units are spacious, have plenty of natural light, in-suite laundry, dishwashers, and additional built-in storage. The basement offers a separate entrance, high ceilings, large square footage, and is separately wired via a dedicated sub-panel for potential third unit or future possibilities. Large corner lot with backyard featuring mature trees, berry bushes, and an outdoor dining area. Plenty of parking. Two separate hydro meters. Fire code compliance (2023). Property is located in a quiet, family-friendly neighbourhood and perfect for investors or multi-generational living. A bus stop is right at the doorstep, and it's just steps from a park, with good schools, groceries, the hospital, and Highway 401 nearby.