Great opportunity in an excellent area! This bungalow offers spacious accommodations with a legal 2-bedroom basement apartment, making it an ideal investment property, owner-occupied home with rental income, or opportunity to build future value. The main floor is currently owner-occupied, while the lower-level apartment is leased on a fixed-term lease until December 2026. Both units offer 2 bedrooms plus an additional room, providing flexible space for a home office, storage or other uses. Each unit has its own separate entrance. The property sits on an oversized lot with two PID numbers, featuring a private yard and wide driveway. Additional features include vinyl siding, two electrical breaker panels, upgraded kitchen cabinetry and roof shingles approximately 11 years old. Some windows have been upgraded, while others will likely require upgrading over time. With its desirable location, walking distabce to Robin Foote Elementary, generous living space, separate accommodations and rental potential, this property offers excellent fundamentals. With some cosmetic updating, this could be a fabulous investment opportunity with plenty of potential to add value. A dry basement and solid home is a must see.