Investor Alert in Desirable McKernan! This unique property offers exceptional value with a flexible layout and prime location. Zoned Medium Residential (RF3), it presents a fantastic opportunity for future development or multi-family use. The main level features a spacious living room, 2 bedrooms, a 4-piece bathroom, separate laundry, and an eat-in kitchen. Just off the kitchen, you'll find a large sunroom with access to the backyard and garages--perfect for year-round enjoyment. The basement has a private entrance and has been completely gutted, ready for your renovations and imagination. Previously, it included a living room, 2 bedrooms, a 4-piece bathroom, kitchen, and its own laundry area. The home is equipped with separate furnaces and power meters for the main floor and basement--ideal for extended family living or future suite development (permits required). Additional highlights include two single heated garages separated by a walkway. Located minutes from the University of Alberta, Whyte Avenue,