Opportunity knocks in the highly sought after university area community of Banff Trail! Live up & rent down in a spacious 5 bedroom bungalow comprised of a 3 bedroom main floor unit (1108 sqft) & a self contained 2 bedroom illegal basement suite (934 sqft). Main floor rent has been $1500+utilities & basement rent has been $1000+utilities. Amazing location is a short 10 min walk to the U of C & LRT. Main floor is mostly original hardwood. Covered patio offers additional storage. Large basement space has gas fireplace & over-sized windows allowing for lots of natural light. Huge parking pad in the back accommodates 4 vehicles. Shared laundry room. What could this property be in the future? New zoning designation R-CG allows for the development to accommodate up to 3 rowhouse units with access from a back lane & each rowhouse unit can also include a secondary suite (1 suite per rowhouse unit). One thing is clear... this house is a great investment right now & in the future! Call your realtor to view today!