7408 21 Street SE

About this home

Here it is—the PERFECT investment opportunity! Situated on a quiet street in the established community of Ogden, this spacious 1,150+ sq. ft. raised bungalow sits on a generous 50’ x 120’ lot and features a renovated 3-bedroom illegal basement suite (Seller is in the process of getting the basement suite legalized) and a double garage with existing tenants who would love to stay! The bright and spacious main level has been freshly painted and offers a large living room with an oversized window allowing plenty of natural light, a functional kitchen with eating area, three good-sized bedrooms and a full bathroom that has been updated. The illegal basement suite was renovated in 2021 . With its own separate entrance and large windows throughout, the lower level feels bright and welcoming. It features a modern white kitchen, spacious living room, updated bathroom and a rare THREE bedrooms! A shared common laundry and storage area provides additional convenience for both units. Outside, the large backyard offers plenty of space along with an oversized double garage (approximately 23’ x 24’) and additional parking. The income potential is fantastic! With multiple rental income streams available, this property offers an excellent opportunity for investors looking to add to their portfolio. Whether you’re looking for a revenue property, an opportunity to live upstairs while generating rental income below, or a long-term investment with future redevelopment potential, this property offers plenty of options. With the planned Green Line LRT bringing future transit improvements to the area, Ogden continues to offer exciting long-term potential. A rare opportunity to own a 3-bedroom suited property on a large lot with multiple income streams and excellent future potential! (id:67720)

Home details

Property type

Single Family

Living area

1,155 sq. ft.

Building type

House

Style

Bungalow

Year built

1956

Storeys

1

Bedrooms above grade

3

Bedrooms below grade

3

Basement

Finished, Full, Separate entrance, Suite

Heating

Forced air

Cooling

None

Flooring

Hardwood, Laminate, Carpeted, Other

Appliances included

Washer, Dishwasher, Dryer

Parking spaces

4

Parking

Detached Garage, Other, RV, See Remarks

Exterior

Wood frame

Lot features

Back lane

Lot dimensions

557.00

Zoning

R-C2

Title

Freehold

Lot size

557 square meters

Property taxes

$3,684 (2026)

MLS® number

A2357727

MLS® A2357727 · Listed by RE/MAX Realty Professionals · Information updated Nov 13, 6:02 p.m.

Location

Living in Ogden

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