Welcome to 247 Grantham. This solid brick bungalow, built in 1966 and proudly owned by the same family ever since, presents an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Offering nearly 1,300 sq ft on the main level plus an additional 1,250 sq ft in the basement, this home is well laid out for a potential two-unit configuration and features radiant heat-ideal for people with allergies. The main floor features a spacious living room, kitchen and dining area, three generously sized bedrooms, and a full 4-piece bathroom. Lovingly owned by the same family since 1966, this home provides a solid foundation for those looking to modernize and build additional value. A separate side entrance and direct garage access to the basement create strong in-law or duplex potential. The lower level already includes a kitchen area and offers the space needed to configure a second unit, making this an ideal setup for extended family or income generation. Conveniently located just a 2-minute walk to transit and a 5-minute drive to grocery stores, Walmart, Canadian Tire, and everyday amenities along Welland Avenue. Outside, enjoy a good-sized backyard, parking for three vehicles in the driveway, and one in the attached garage. Whether you're looking to add to your portfolio or create a property that helps offset your monthly expenses, this is a fantastic opportunity in a convenient location.