Discover an exceptional opportunity in the heart of Calgary's evolving Glenbrook community! This centrally located, well-presented 1235 sq ft above grade bungalow offers both immediate strong cash flow and significant future potential, sitting on an full sized 55x120 foot lot amidst community transformation. Main Floor - Bright & Functional Living. Spacious & Open Layout: Enjoy a large, bright main floor featuring a practical open kitchen and comfortable living areas. Three Bedrooms & Full Bath on the main: Perfect for a family or primary tenants. Convenient Main Floor Laundry: Adds practicality to daily living. Main floor Currently Rented: Stable, long-term tenants for over 7 years. Basement - Separate Income Illegal Suite (Potential Mortgage Helper). Features a separate entrance, 2 bedrooms, a full bathroom, its own kitchen, and a dedicated laundry room. Strong Rental History: Previously the basement rented at $1600/month, offering significant income potential. Double Detached Garage: Ample secure parking and storage. A truly rare find! This massive lot provides incredible potential for future redevelopment (subject to City approvals) or simply expansive outdoor space. Centrally Located & Accessible: Glenbrook offers unbeatable convenience, with easy access to major traffic arteries (Crowchild Trail, Sarcee Trail, Glenmore Trail), downtown, shopping, schools, and amenities. Witness the exciting redevelopment happening in the area! This exceptional bungalow combines current income, a fantastic location, and massive lot potential. With its desirable features and Glenbrook's exciting future, this property will not stay on the market long! Don't miss out! Book your private showing immediately to experience this unique Glenbrook investment and lifestyle opportunity firsthand. Act fast – this one won't last!