All photos · 50
512 Malvern Drive NE
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.
- Listed
- Sep 7, 2026
- Property type
- Detached
- Year built
- 1976
- Parking total
- 3
- Basement
- Full
- Heating
- Forced Air
- Cooling
- None
| Living Room | Main | 15'1" x 13'6" |
| Bedroom - Primary | Main | 13'3" x 11'0" |
| 2pc Ensuite bath | Main | 5'0" x 4'6" |
| 4pc Bathroom | Main | 8'2" x 4'11" |
| Bedroom | Main | 10'3" x 9'0" |
| Bedroom | Main | 10'3" x 8'3" |
| Kitchen With Eating Area | Main | 13'6" x 13'8" |
| Dining Room | Main | 10'3" x 9'2" |
| Pantry | Main | 1'6" x 1'2" |
| Entrance | Main | 4'10" x 3'3" |
| Entrance | Main | 5'9" x 3'6" |
| Furnace/Utility Room | Basement | 6'11" x 5'6" |
| 4pc Bathroom | Basement | 8'1" x 6'2" |
| Laundry | Basement | 9'10" x 6'9" |
| Bedroom | Basement | 12'4" x 8'10" |
| Bedroom | Basement | 11'5" x 8'10" |
| Kitchen | Basement | 11'2" x 6'8" |
| Living Room | Basement | 15'2" x 12'7" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$2,943
Down payment: $119,800 · Loan: $479,200
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
TREC The Real Estate Company · Listing agent Richard Panuelos
MLS®# A2343216 · Last modified 2026-10-23
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty