Set on a large 50 x 140 ft. lot in a neighbourhood undergoing exciting renewal, this raised bungalow offers a fantastic opportunity for both investors and first-time buyers looking to enter the market with future upside. With 780 sq. ft. above grade and large basement windows, the home provides bright, comfortable living space and excellent potential for a secondary suite. The main floor features two bedrooms, a full bathroom, a refurbished galley-style kitchen, a generously sized dining area, and a spacious living room that creates a comfortable flow for everyday living. Downstairs, the raised basement adds even more usable space with a third bedroom, a second bathroom, a large family room, and an oversized laundry area that could easily be converted into a basement kitchen-making the layout well suited for a future two-unit dwelling. Outside, the property sits on a rare oversized lot for the area and offers plenty of off-street parking, providing flexibility for tenants, future development, or additional improvements. While a few updates will allow the next owner to truly make it their own, the home already shows well and offers solid fundamentals. Whether you're an investor looking to hold tenants and add suite potential, or a first-time buyer searching for an affordable entry point with room to grow, this property delivers flexibility, value, and long-term opportunity in an evolving neighbourhood. (Photos taken prior to tenants moving it. Buyers to verify current condition in person)