Discover the potential of this expansive R2 zoned lot featuring a well-maintained home with numerous updates. The zoning allows for up to 4 units with city approval. The house boasts a brand-new roof and updated windows on the top floor, ensuring energy efficiency and curb appeal. Inside, you'll find laminate and vinyl flooring throughout, adding a modern and easy to maintain touch. The main floor offers 2 spacious bedrooms, while the lower level includes a 1-bedroom in law suite. A new furnace and hot water tank have been recently installed, promising low maintenance costs for years to come. With month-to-month tenants currently in place upstairs and vacant basement, this property provides immediate rental income. Additionally, there is a promising opportunity to add a carriage suite, pending city verification, which could further enhance your investment returns. Shared laundry, separate entrances.