Perfectly situated near the University of Alberta, this raised bungalow combines convenience and income potential. The main level offers three generous bedrooms and a full bathroom, complemented by living room and kitchen with updated vinyl windows that enhance efficiency. The legal basement suite includes 2 bedrooms and a full bath, providing a second rental income opportunity. Updates include a high-efficiency furnace, newer hot water tank, and a replaced sewer line for peace of mind. Situated on an RS-zoned (Small Scale Residential) lot, this property offers flexibility for future development or continued use as a two-suite home. Centrally located gem--just minutes from transit, shopping, and all amenities!