Built in 2003, this solid stone bungalow is ideally situated in Johnstown, offering spectacular, unobstructed views of the majestic St. Lawrence River-without being directly on the water. Backing onto protected wetlands, the setting ensures these remarkable views will remain preserved for years to come.Designed with exceptional versatility, the home is currently configured as a bungalow with a legal lower-level apartment, making it an excellent investment opportunity. Both levels are rented to wonderful tenants who wish to stay. Each unit mirrors the other in layout, featuring two spacious bedrooms, a 4-piece bathroom, laundry, and an open-concept kitchen, dining, and living area that captures the river views. Built on grade, the bright lower level offers a walk-out and functions more like a second main floor than a traditional basement. Soundproofing between levels enhances privacy, while each unit enjoys direct access to its own side of the attached double garage.The upper level features beautiful hardwood flooring, while the lower level offers recently updated ceramic tile and carpet in the bedroom. Important updates include a metal roof (2003), furnace and water heater (2017), and newer dishwashers (2023 and 2024), with approximately four years remaining on the solar panel contract. Whether you are seeking a solid income property, a solution for extended or multi-generational living, or the option to live on one level while off setting your mortgage with rental income, this home delivers outstanding flexibility. With some modifications, this home could also be reconfigured to a single dwelling, complete with a double-car garage, offering even more flexibility for the next owner. High-speed internet is available, and the property is conveniently located on County Road 2 with quick access to Highways 401, 416, and the International Bridge-making commuting effortless.