This charming 2000 sqft home on a 56x138 lot with lane access is ideal for redevelopment. There's an option for rezoning, allowing multi-family development like 4-6 plexes, front-back duplexes, or keeping the main house with a carriage house. Endless possibilities as the lower level could have separate entrances. Updated and full of character, the home features original hardwood floors, sculpted molding, and plaster ceilings. The main level has 3 bedrooms, a full bathroom, spacious living and dining areas, and an updated kitchen with white cabinetry, new appliances, and extra counter space. The covered back deck is perfect for enjoying summer. The lower level includes 2 bedrooms, a full bath, a rec room, and an office. Fully fenced with a sliding gate for ample parking off the laneway, the home even has a white picket fence. This property is a great investment as the neighborhood is transitioning into multi-family dwellings. Next-door homes are also available for investors.