5247 Thomas Street NE

Whether you're looking for your next home, renovation project or redevelopment investment, this property checks all the boxes. Situated on an oversized lot with over 50 feet of frontage and desirable R-CG zoning, the redevelopment potential is exceptional. Backing onto a peaceful greenspace and surrounded by established homes, this is a rare opportunity in a sought-after area. The bright and functional main floor features three spacious bedrooms, a full bathroom, and a large sunroom overlooking the expansive backyard which is perfect for enjoying your morning coffee or entertaining family and friends. The fully developed basement offers even more flexibility with a fourth bedroom, second full bathroom, a generous recreation room with a built-in bar creating plenty of space for extended family, guests or other future possibilities with the separate entrance and municipal permits needed. Pride of ownership is evident throughout with thoughtful maintenance over the years by the original owners, including a brand-new hot water tank installed in July 2026 and furnace around 3 years old. Outside, the oversized single detached garage, RV parking, and large backyard provide endless room for vehicles, toys, hobbies, or future plans.
Whether you're looking for a move-in ready family home, a solid investment property, or a prime redevelopment opportunity in a desirable location, this property offers incredible versatility and long-term potential. Enjoy the tranquility of backing onto greenspace today while securing an investment for tomorrow. *See Virtual Tour*