Corner lot location beside a playground/park with additional greenspace directly across the street! Attention renovators, investors, and developers-this spacious bungalow offers nearly 1,400 sq. ft. of living space on a desirable 55' x 107' lot with a sunny south-facing backyard in the fantastic community of Varsity. The main floor features a rare four-bedroom layout, including a primary bedroom with a 2-piece ensuite, a generous living room with fireplace, a dining area with built-in cabinetry, and a kitchen with an eating nook. The fully fenced backyard is ideal for families and gardeners alike, featuring durable vinyl fencing, an oversized double garage, an additional parking pad, and a variety of fruit trees and shrubs including apple, cherry, saskatoon berry, and raspberry. While the home requires significant updating, the location offers exceptional potential. Conveniently situated on a quiet street, close to schools, shopping, public transit, and the LRT station, with an easy walk to the University of Calgary and a quick commute to downtown. A fantastic opportunity to renovate, redevelop, or invest in a highly sought-after neighborhood.