265 College Street

About This Property

Prime Investment Opportunity in West Park Village! Discover the perfect blend of lifestyle and income potential in one of the city's most desirable neighbourhoods. Welcome to this charming 3-bedroom, 1-bathroom home nestled in the heart of the safe, friendly, and inclusive West Park Village. This property isn't just a home-it's a smart financial move.This property features one of the city's first detached garage conversions, transformed into a fully self-contained 2-bedroom, 1-bathroom Additional Dwelling Unit (ADU). The hard work is done! The unit is almost complete, just waiting for your finishing touches. Many appliances and building materials are included in the sale. Once completed, this unit is projected to generate $20,000+ in annual income, effectively helping to pay down your mortgage! The main home features a light-filled, 1,218 sq. ft. main floor with an open-concept kitchen and dining room layout perfect for entertaining. There are three well-sized bedrooms and a convenient 4-piece main floor bathroom. The lower-level laundry features a washer purchased in2025 and a dryer from 2020.There is incredible basement potential! The expansive 1,188 sq. ft. unfinished basement is a blank canvas awaiting your creative vision. Fully waterproofed in July 2024, the basement remains completely dry and includes a transferable lifetime warranty certificate. Plumbing is already roughed-in, making the addition of a second bathroom a breeze. Step outside to enjoy professionally executed landscaping, featuring interlocking brick, durable paver stones, and an array of healthy, mature perennials that bring beauty to every season. The backyard provides ample space for furry friends to enjoy and is fenced. Don't miss out on this rare opportunity to own a home that pays for itself!