Welcome to this charming bungalow offering exceptional versatility and income potential in a highly desirable location. The open concept main floor features an updated kitchen with tastefully rustic décor, seamlessly flowing into the bright and inviting living space. Upstairs, you’ll find three comfortable bedrooms, including a convenient 2 piece ensuite in the primary, along with a full main bathroom. At the rear of the home, the newly updated bonus multipurpose space provides flexibility for an at home business, gym, or additional family area, adding to the home’s functional layout. The fully developed basement is thoughtfully configured with two separate suites, ideal for rental opportunities. One suite is a bachelor style layout with a 3 piece bathroom, while the second offers a one bedroom design complete with its own 3 piece ensuite and separate living, kitchen, and dining area. A shared hallway provides access to a brand new washer and dryer for added convenience. Outside, enjoy a mature yard with back alley access, offering both privacy and practicality. Located directly across from Lakeview School, this home is perfectly positioned for families, investors, or those looking for a property with strong income potential.