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Live upstairs while your basement tenant helps pay the mortgage! This beautifully renovated Ottewell bungalow offers the perfect blend of comfortable living and income potential, with a LEGAL 1-bedroom basement suite and an established tenant paying $1,275/month! The bright, spacious main floor is vacant and move-in ready, featuring a beautiful updated kitchen, inviting living and dining areas, 3 bedrooms and a renovated 4-pc bath. Downstairs offers an open-concept kitchen and living area, spacious bedroom with walk-in closet, private ensuite and additional half bath. Each suite enjoys separate laundry! Recent upgrades include a new hot water tank, fridge, oven, stackable washer/dryer and basement flooring (2025), plus a new garage man-door (Aug 2026). Complete with a large yard, double detached garage and extra parking pad. Located directly across from The King's University, close to shopping, transit and amenities. A smart way to make homeownership more affordable!