An exceptional opportunity to own a truly unique property offering versatility, income potential, and room to grow! This charming bungalow has been tastefully updated on the main floor and features three generous bedrooms, including a spacious primary retreat with a beautifully designed ensuite. A large bonus room, currently used as a home gym, provides endless possibilities as a family room, studio, home office, or additional living area. The illegal basement suite is well designed with two bedrooms, one of which includes an attached flex room that could function as a third bedroom for roommates, a home office, nursery, or an oversized walk-in closet. Separate laundry for both the upper and lower suites offers added convenience for homeowners and tenants alike. Additional updates include a newer furnace and hot water tank, along with a roof that has received a shingle rejuvenation treatment to help extend the life of the existing shingles. The income-generating suite is a fantastic mortgage helper, but what truly sets this property apart is the additional titled land behind the home. This rare parcel was purchased and incorporated into the property's title, creating endless possibilities for a dream garage, workshop, RV parking, expanded outdoor living, or future development opportunities (subject to municipal approval). Conveniently located near schools, parks, shopping, and Henderson Lake Golf Club, this one-of-a-kind property combines comfort, flexibility, and exceptional potential in a location you'll love.