512 Malvern Drive NE

About this home

Complete peace of mind and exceptional revenue potential come together in this newly renovated Marlborough Park investment opportunity. The main floor features a spacious, freshly updated 3-bedroom, 1.5-bathroom layout boasting durable laminate flooring and a bright, functional kitchen complete with granite countertops and stainless steel appliances. Downstairs, the fully legal 2-bedroom, 1-bathroom basement suite shines with modern updates, featuring an independent entrance, newer cabinetry, stylish quartz countertops, and a brand-new 2026 refrigerator. Massive mechanical updates protect your bottom line, including a newly installed 2025 furnace and a 2026 hot water tank. Both units share a common laundry area for ultimate convenience. The exterior provides exceptional parking flexibility, anchored by a rare triple-car garage and an additional parking pad. Whether you are looking to add a turnkey asset to your portfolio, occupy one level while generating rental income, or secure a property with built-in revenue potential, this versatile home checks all the boxes. Book your showing today. (id:67720)

Home details

Property type

Single Family

Living area

1,124 sq. ft.

Building type

House

Style

Bungalow

Year built

1976

Storeys

1

Bedrooms above grade

3

Bedrooms below grade

2

Basement

Finished, Full, Separate entrance, Suite

Heating

Forced air

Cooling

None

Flooring

Laminate, Carpeted, Ceramic Tile

Appliances included

Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan

Parking spaces

3

Parking

Detached Garage, Detached Garage

Exterior

Wood frame

Lot features

Other

Lot dimensions

418.00

Zoning

R-CG

Title

Freehold

Lot size

418 square meters

Property taxes

$3,903 (2026)

MLS® number

A2343216

MLS® A2343216 · Listed by TREC The Real Estate Company · Information updated Oct 28, 8:33 p.m.

Location

Living in Marlborough Park

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