321 22ND Avenue, Cranbrook, BC, V1C 5K7

Property Information:

Welcome to this fantastic family home or investment opportunity, ideally located in a desirable neighbourhood on an exceptionally large and private lot! Move-in ready and thoughtfully updated, this spacious home features vinyl plank flooring on the main level, fresh interior paint, lighting, fixtures, trim and newer windows throughout. The bright and functional main floor offers 3 bedrooms, a beautifully renovated 4-piece bathroom, and a convenient 2-piece ensuite off the primary bedroom. Downstairs, you'll find a non-conforming 2-bedroom in-law suite, offering excellent flexibility for extended family, guests, or potential rental income. The expansive lower-level family room offers plenty of space for both a games room and a TV/media area, making it perfect for growing families or entertaining. Step outside to enjoy the large covered deck overlooking the private backyard, complete with a patio area and two storage sheds for all your outdoor needs. Major updates provide peace of mind, including a new roof (May 2026), a hot water heater (2020), and a new high-efficiency furnace to be installed prior to completion. Basement suite currently occupied by a month-to-month tenant paying $1,300 per month plus 40% of utilities. This property offers immediate income while the vacant main floor is an excellent option for owner-occupiers. The main floor has a rental history of $2100/mth plus 60% utilitiies. With its generous living space, recent upgrades and prime location, this property is a rare find that offers exceptional value and versatility. Don't miss your opportunity to make it yours!