4836 Redford St Port Alberni, British Columbia V9Y 3P2

$529,900

Calling all investors and first-time home buyers! This fully updated, income-generating property features two self-contained 2-bedroom, 1-bathroom suites — offering flexibility, strong rental potential, and immediate cash flow. Extensively upgraded throughout, the home includes updated plumbing and electrical, separate hydro meters, and individual 100-amp panels for each suite. The upper suite showcases a bright, inviting layout with a cozy wood-burning fireplace insert in the living room, an updated kitchen with granite countertops, and a beautifully renovated bathroom featuring tile work and a large glass walk-in shower. Enjoy added living space with the enclosed deck — perfect for year-round use. The lower suite offers a near-new kitchen and bathroom, two good sized bedrooms, and excellent functionality for tenants or extended family. Shared laundry is conveniently located on the lower level, and the home has been freshly painted throughout. Outside, you’ll find parking for one vehicle via the side alley, with additional parking potential at the rear with minimal finishing. With projected rental income of approximately $3,400/month ($1,800 upper, $1,600 lower), this property delivers solid returns. Alternatively, live in the upper suite and offset your mortgage with rental income from the lower level. Centrally located within walking distance to shops, amenities, and transit — with a bus stop right outside your door — this is a smart, turnkey opportunity you won’t want to miss. **Please note photos with furniture are virtually staged and photos with grass and exterior lights are AI generated** (id:63400)

Property Details

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https://www.realtor.ca/real-estate/29705624/4836-redford-st-port-alberni-port-alberni