Welcome to desirable Ottewell! Whether you're looking for a place to call home or a smart investment, this beautifully updated bungalow offers exceptional flexibility with a fully legal 2 bedroom basement suite. The bright main floor features brand new luxury vinyl plank flooring, fresh paint, updated light fixtures, and renovated bathroom finished with large glossy porcelain tiles for an elegant marble inspired look. Large front windows fill the home with natural light, while the versatile rear room can serve as a bedroom, office, den, or hobby space, what ever you need, and has door leading to the deck and backyard, and both levels enjoy the convenience of their own laundry. Major upgrades include two furnaces (2021) and 200 amp electrical panel. Outside you'll find a heated double detached garage, rear lane access, plus service road out front for added convenience. A fantastic opportunity to offset your mortgage, accommodate extended family, or add a turnkey income property to your portfolio.