3 Mary Street E St. Thomas, Ontario N5R 2V7

$499,999

Generate $1600/month in short-term or long-term rental income while living comfortably upstairs! The best part: you won't be spending a dollar on major home upgrades for years to come. This beautifully renovated bungalow has been updated from top to bottom with quality workmanship throughout, offering turnkey living with exceptional flexibility and income potential.The main floor features two spacious bedrooms, a bright living room with electric fireplace, a stunning kitchen, a stylish four-piece bathroom, and the convenience of main-floor laundry. A separate entry leads to the fully finished lower level, complete with a second kitchen, three-piece bathroom, additional laundry, and two generous bonus rooms (add egress windows for conversion to legal bedrooms-contractor contacts upon request) . The lower level presents an excellent potential for short-term rental income in a location where there would be high demand. Major updates include the furnace, central air, roof, windows, and vinyl siding-providing true move-in-ready peace of mind. Outside, enjoy a huge fully fenced backyard with mature trees, multiple garden sheds, a beautiful covered rear patio, and a spacious outdoor living area perfect for entertaining. The brand-new asphalt driveway offers ample parking.Located steps from the downtown commercial district, restaurants, shops, and everyday amenities, this property boasts outstanding walkability and long-term value. Whether you're an owner-occupier looking to offset your mortgage or an investor seeking a turnkey opportunity in a high-demand location, this home delivers on lifestyle, income potential, and peace of mind. (id:60297)

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https://www.realtor.ca/real-estate/29264608/3-mary-street-e-st-thomas-st-thomas