Welcome to this truly unique property offering stunning ocean views and an exceptional income-generating opportunity! The solid 1950s structure boasts new double-glazed windows, and modern vinyl plank flooring throughout. Its layout is a rental dream, featuring a highly versatile floor plan currently set up for multi-family living with up to six bedrooms, three full baths, and the potential for three separate living units, each with its own laundry. Enjoy low-maintenance outdoor space with a lush mature garden. Nestled on an expansive lot with expansion potential. Conveniently located near Simon Fraser University and public transit makes the commute to Vancouver or Coquitlam a breeze. BONUS extra public parking nearby. This home is a rare find!