Turn-key investment opportunity in sought-after Capilano! Ideally located just steps from the river valley trail system, parks, schools, shopping, transit, and only minutes to downtown. This well-maintained 1,125 sq. ft. bungalow offers great tenants already in place. The home features 3 bedrooms on the main floor plus a fully developed basement complete with a second kitchen, additional bedrooms, and separate living space. Recent updates include new basement egress windows and a dedicated main-floor washer/dryer setup to enhance privacy and convenience between levels. Situated on a spacious lot with a large backyard, this property also offers future potential for garage suite development (subject to city approval). Whether you're looking to expand your portfolio or secure a solid investment in a premier neighborhood, this property checks all the boxes.