Calling all investors, down-sizers, or house hackers! Charming bungalow with in-law suite in beautiful Eastwood neighbourhood of Kitchener, with great access to highway 7/8 and the 401, and a stone's throw to Eastwood Collegiate and Montgomery Park. With 2 driveways, this property offers excellent versatility - a 3 bedroom 1 bath upstairs unit and 1 bed 1 bath downstairs unit, each floor has their own separate entrance, laundry and kitchen. You'll love the open concept flow of the main floor, with a front foyer that takes you to the refreshed kitchen, and leads to the large living room / dining room space. The basement was renovated in 2018 with a modern and functional layout. The 61' x 120' lot is zoned RES-4 (potential for multi-residential/future development) and comes fully fenced, with a large back deck, gas line for BBQ, and a large detached garage. The basement is currently rented out for $1850 including utilities, and the upper unit was previously rented for $2800 including utilities ($55,800 gross annual rent). Updates include: All appliances are 5 years or less, roof 2016, furnace and AC 2018, basement renovated 2018, basement windows and back door 2018, deck 2019, garage door with wifi opener in 2019, front door 2023, new fence and posts on road side in 2024, eavestroughs 2025, refurbished water softener 2025. Whether youre looking for extra income, space for extended family, or a smart investment, this home delivers. Book your showing today