Back on the market! Opportunity knocks in the highly sought after university area community of Banff Trail! Spacious 5 bedroom bungalow comprised of a 3 bedroom main floor unit (1108 sqft) & a self contained 2 bedroom illegal basement suite (934 sqft). Rent has consistently been $2500+utilities (effectively $500+utilities/bedroom). 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. New zoning designation R-CG allows for future development to accommodate up to 3 rowhouse units with access from a back lane & each rowhouse unit can also include a legal 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!