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506 Nelson Avenue

3 Bedroom | 2 Bathroom | 1,586 ft2

$629,800

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:61463)

Property Details

MLS® Number

10392992

Neigbourhood

Main North

AmenitiesNearBy

Public Transit, Park, Recreation, Schools, Shopping

CommunityFeatures

Family Oriented

Features

Level Lot

ParkingSpaceTotal

3

ViewType

Mountain View, View (panoramic)

Building

BathroomTotal

2

BedroomsTotal

3

Appliances

Refrigerator, Dryer, Oven - Electric, Washer, Washer/dryer Stack-up

ConstructedDate

1940

ConstructionStyleAttachment

Detached

ExteriorFinish

Cedar Siding, Wood Siding

FlooringType

Carpeted, Hardwood, Tile, Vinyl

HeatingFuel

Electric

HeatingType

Baseboard Heaters

RoofMaterial

Asphalt Shingle

RoofStyle

Unknown

StoriesTotal

3

SizeInterior

1,586 Ft2

Type

House

UtilityWater

Municipal Water

Land

AccessType

Easy Access

Acreage

No

FenceType

Fence

LandAmenities

Public Transit, Park, Recreation, Schools, Shopping

LandscapeFeatures

Landscaped, Level

Sewer

Municipal Sewage System

SizeIrregular

0.08

SizeTotal

0.08 Ac|under 1 Acre

SizeTotalText

0.08 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Bedroom 11'4'' x 15'
Second Level Primary Bedroom 12'6'' x 19'10''
Basement Bedroom 9'3'' x 12'8''
Basement Full Bathroom Measurements not available
Basement Living Room 15'2'' x 15'2''
Basement Kitchen 10'9'' x 8'
Main Level Full Bathroom Measurements not available
Main Level Living Room 16'3'' x 18'3''
Main Level Kitchen 14'11'' x 16'4''

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