Welcome to 84 Falconridge Place NE, a detached bi level home that perfectly balances turnkey cash flow with long-term potential. Offering over 1,800 sq. ft. of developed living space, this property is an ideal "live up, rent down" scenario, currently occupied by fantastic, reliable tenants upstairs and down. The bright main level features modern updates throughout, including fresh paint, LED pot lighting, a stone-accented, wood-burning fireplace, an updated kitchen, a private rear deck, and two spacious bedrooms, including a primary with a 2-piece ensuite. A shared front entrance splits the top and bottom, which leads to the fully developed 2-bedroom illegally suited basement complete with proper egress windows, a second full kitchen, and a large family room. At the same time, a shared laundry area serves both levels. Enjoy complete peace of mind with a brand new furnace, a low maintenance yard, and a rear parking pad for 2+ vehicles. Exceptionally located just steps from schools, parks, shopping, and public transit, this versatile property represents a premier opportunity for savvy investors or homeowners seeking built in income potential.