Unlock the potential of this charming 2-bedroom bungalow nestled in one of the city's most sought-after central locations. Situated on an impressive oversized lot, this property offers a rare combination of immediate livability and exceptional long-term development or investment potential. Just steps away from all major amenities, including shopping, transit, schools and parks, this well-maintained home features a functional layout, recently updated roof, and a full walk-out basement with the potential and rough-ins for an in-law suite or rental unit. With zoning that supports development options (R2F zoning), this property presents an outstanding opportunity to build new, expand or hold as an income-producing asset in a rapidly appreciating neighbourhood. Whether you're a developer, investor, or first-time home buyer looking to grow your portfolio, this is a can't miss opportunity.