1060 Thompson Road

Exceptional investment opportunity on one of Spring Valley's most prestigious streets. This meticulously maintained home rests on an expansive 0.25-acre lot, offering the perfect balance of comfortable family living and excellent rental income potential. The main residence features three bedrooms (one without a closet), a fully updated kitchen, and renovated bathrooms. The legal two-bedroom suite has a separate entrance and its own laundry, making it ideal as a mortgage helper or for multi-generational living. Extensive upgrades add peace of mind: roof, windows, doors, concrete board siding, high-efficiency furnace with central air, PEX plumbing throughout and connected to municipal sewer. Outside, the property offers a partially fenced yard, underground sprinklers, abundant parking for tenants, family, RVs, and all the toys. An oversized attached single garage with workshop space and a powered backyard shed provide excellent flexibility for storage and projects. Currently, the main home is rented month-to-month for $2,775, while the legal suite is rented for $1,650, generating $4,425 per month in income utilities included. Perfectly situated close to Mission Creek Greenway, regional parks, schools, shopping, golf, public transit, and just minutes to Okanagan Lake, this turnkey property blends modern updates, versatile living spaces, and a premium location. Call today to arrange your private viewing! Booking showings for this weekend between 10am-5pm. (id:58842)

Property Information

Property Type
Residential
SqUARE FOOTAGE
2400
 sqft
Structure Type
House
LAND SIZE
0.25 acres
Roof Type
Asphalt shingle
Lot
Corner Site
SEWER Type
Municipal sewage system
Parking Spots
5
stories
2.0
Floor Type
Tile, Laminate, Linoleum

More Information

Security
View
Mountain view
Parking
Attached Garage, RV, Oversize, See Remarks, Additional Parking
Exterior
Stucco, Other
Community
Family Oriented, Pets Allowed
Common inTEREST
Freehold
Listing Key
28890689
MLS ID
10363617
listing Office
listing Office key
299890
5
Beds
3
Baths
$
859900

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Trish Cenci

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