Raised Bungalow with legal basement suite on a 50′ x 120′ R-C2 lot in the sought after SW community of Elboya. A fantastic opportunity for investors, developers or home buyers looking to live up/rent down. The raised main level of this home offers 2 generous sized bedrooms, a 4 piece, updated bathroom as well as a large living room, dining area and well laid out kitchen. There is a conveniently located side door off the main floor that enters in the large private yard. The lower level, legal suite has its own separate entrance that faces the front of the home offering lots of windows and natural light. The suite offers updated LVP flooring, a full kitchen, 2 good sized bedrooms as well as al 4 piece bathroom. Recent upgrades to bring the suite to legal status include new egress windows in each bedroom, hardwired smoke and carbon monoxide detectors as well as sprinkler system in the common areas. Common areas include utility room equipped with 2 furnaces, 2 hot water tanks and shared laundry. With this prime location, close to downtown, CTrain, amenities, local parks and green spaces, this property offers incredible opportunity. *Please note that some photos are from when the home was vacant and from the previous listing*