Nestled in the heart of Bonnie Doon, this versatile 5 bedroom bungalow (3+2) sits on a 48.7x122 ft lot and offers excellent potential for professionals, families or investors/developers. The main floor features 3 bedrooms, a full bath, a bright kitchen, and spacious living area. The finished basement includes a separate entrance, 2 additional bedrooms, full bath, second kitchen, large family room, and shared laundry. Enjoy a west-facing backyard and a single detached garage. Conveniently located near the Valley Line LRT, Bonnie Doon Mall, schools, shopping, and the River Valley, with quick access to Downtown, the University of Alberta, and Whyte Avenue. A prime opportunity in a highly desirable community.