Opportunity awaits with this well-maintained bungalow in Mayfair, within walking distance of all amenities, offering exceptional value for homeowners and investors alike. With a fully developed basement featuring a non-conforming suite and separate entry, this property provides excellent flexibility for extended family, guests, or mortgage-helping rental income. Over the years, the home has undergone numerous upgrades, providing peace of mind while maintaining its original character and charm. The bright main floor features a welcoming living room with hardwood flooring, two comfortable bedrooms, an upgraded and functional kitchen and dining area, and a full 4-piece bathroom. Downstairs, the non-conforming suite includes its own kitchen, dining area, living room, spacious bedroom, 3-piece bathroom, and shared laundry. Situated on a 50' x 124.5' lot with a fully fenced backyard, this property offers plenty of outdoor space to enjoy, along with convenient off-street parking. Located close to schools, parks, public transit, shopping, and amenities, this is an excellent opportunity for first-time buyers, investors, or anyone looking for a home with income potential. Whether you're looking to expand your investment portfolio or purchase a home with added versatility, this property is one you won't want to miss!