$1,100,000

Rare Exhibition Park Property with an Extraordinary Side Lot and Backyard Potential! Situated in one of the city's most prestigious, tree-lined neighbourhoods, this exceptional flag-shaped property is defined by its remarkably large side lot. With 96' frontage and 129' depth at its widest points, the oversized side yard offers incredible flexibility. This standout feature opens the door to creating an expansive private backyard oasis, pursuing a lot severance for a second home, or adding an Additional Dwelling Unit (ADU). Currently there is a committee of adjustment approval in place to build two semi-detached homes and a previous approval exists for a 2-bedroom ADU. Whether you envision an incredible backyard retreat with a pool, large shop or wish to explore the potential to create a second property, the space provides a truly unique canvas seldom found in this neighbourhood.The solid brick bungalow boasts a newly (2022) created two-bedroom basement apartment with its own exterior entrance and a seamless interior connection to the main home, offering versatile living options for family or guests. Generate immediate income or retain the space for yourself and family. Peace of mind comes with newer windows and roof, plus an updated upper-level kitchen and bathroom - simply move in with no updates required. Located directly across from a brand-new park and around the corner from Exhibition Park's expansive green spaces, trails, and community events, the setting blends lifestyle and convenience. With trees already cleared from the side yard and the lot ready for future plans, buyers have the rare opportunity to design a custom home on the side lot while maintaining an income-generating property - or simply enjoy one of the largest private yards in the neighbourhood. Opportunities like this are becoming increasingly rare-bring your vision and explore the possibilities.