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Raymond · Single Family · under $525,000 · 5+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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340 E 400 N
Investor or multigenerational family dream!!! This beautifully renovated one-level bungalow with an attached legal suite offers an incredible opportunity for investors seeking strong rental potential or families looking for flexible living arrangements under one roof while maintaining privacy! Each side of the home features 3 spacious bedrooms, its own kitchen, generous living space, and separate mechanical systems, including two brand-new high-efficiency furnaces and two new hot water tanks! One side boasts two full bathrooms, including a private ensuite in the primary bedroom, while the other side offers one and a half bathrooms with a convenient half-bath ensuite! The entire home has been extensively renovated from top to bottom, including stunning new kitchens, updated bathrooms, new flooring, fresh paint, new windows, new heating systems, and all new baseboards and trim, making this a truly turnkey, move-in-ready property! Outside, you'll appreciate the long driveway and carport providing plenty of off-street parking, while the good-sized fenced backyard offers ample room for kids, pets, gardening, and entertaining! Opportunities like this don't come along often—whether you're looking to generate income, accommodate extended family, or both, this property delivers exceptional value and versatility! Call your REALTOR® today and come see this fully renovated, move-in-ready bungalow before it's gone!!! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 17.58 Ft x 17.75 Ft | |
| Living room | 17.17 Ft x 18.33 Ft | |
| Kitchen | 11.42 Ft x 7.33 Ft | |
| Kitchen | 13.17 Ft x 7.42 Ft | |
| Dining room | 13.17 Ft x 8.33 Ft | |
| Primary Bedroom | 13.33 Ft x 15.50 Ft | |
| Primary Bedroom | 11.33 Ft x 16.25 Ft | |
| Bedroom | 11.42 Ft x 18.67 Ft | |
| Bedroom | 11.33 Ft x 18.58 Ft | |
| Bedroom | 11.42 Ft x 18.42 Ft | |
| Bedroom | 10.83 Ft x 9.92 Ft | |
| 2pc Bathroom | 3.58 Ft x 7.83 Ft | |
| 3pc Bathroom | 7.42 Ft x 7.17 Ft | |
| 4pc Bathroom | 7.50 Ft x 9.83 Ft | |
| 4pc Bathroom | 7.50 Ft x 9.67 Ft | |
| Foyer | 8.33 Ft x 7.17 Ft | |
| Laundry room | 5.50 Ft x 7.08 Ft | |
| Storage | 5.25 Ft x 6.92 Ft | |
| Furnace | 6.42 Ft x 6.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
3.23%
Cap rate
5.51%
GRM
12.2
Break-even rent
$3,025
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 22, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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