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8621 cedar avenue summerland, bc

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4 bedroom home with 1 bedroom 2 level legal suite

4 bedrooms | 4 bathrooms | 3,134 sqft | 0.15 acres

$875,000 | MLS®18786

Attention investors, amazing return on this two year old single family home with an income producing suite. Main house is leased until September 2022 at a rate of $3500/month plus utilities, and the suite is at $1250/month plus utilities - total gross monthly income at $4750/month. Quality finishing throughout, bright open spaces on the main floor with gas fireplace, quartz countertops, huge kitchen plus a large den that could become a fourth bedroom for the main house. Upstairs features a large master suite with walk in closet and en suite bathroom, two additional bedrooms and a rec room with views out over the orchard across the street. The legal secondary suite has a well thought out layout with the kitchen/living area on the main floor, with the bedroom, bathroom and laundry above - this creative design limits the amount of sound transfer between the units ensuring that the upper floor is above their own living space.