Are you considering an investment or looking to purchase your first home? This radiant and spacious bungalow, conveniently situated just moments from Olds College, presents an enticing opportunity. With a generous backyard adorned by mature trees, raised flowerbeds, and ample storage including a single-car garage accessible from the rear alley, this property seamlessly marries charm with functionality. What truly sets this residence apart is its potential for dual living. The fully functional lower-level illegal suite, boasting its own independent entrance, offers a sanctuary of privacy and independence. Upon entering the main floor, you'll be greeted by a welcoming living area with laminate flooring, leading into a sunlit dining space and kitchen. Completing this level are two generously proportioned bedrooms, a three-piece bathroom, and a convenient laundry area. Descend to the basement , where you'll find two additional bedrooms, a three-piece bathroom, a spacious family room, and a compact kitchen. Privacy in the fenced backyard is guaranteed, complemented by the added luxury of a hot tub owned by the upstairs tenant which is negotiable. Both units are presently occupied, with the basement tenant on a month-to-month lease, and they are willing to stay longer. Recent renovations, including a new roof (October 2021), basement renovation (2023), and updated furnace and hot water tank (October 2023), brand new washer /dryer in the basement, ensure this home is move-in ready. With leases nearing expiration, seize the opportunity to make this versatile property your own. Lock in your viewing appointment at your earliest convenience!