Legally Suited!! This updated and lovingly maintained property with large legal basement suite and fully fenced private backyard sits on a huge 42x145ft M-C1 zoned lot (5,090 sq. ft lot, perfect for future re-development), making it the tri-fecta for savvy first-time buyers, investors, and/or developers. Excellent 2+1 bedroom raised bungalow with fully self contained legal basement suite is in the perfect location within central Bowness, with a main bus stop and the river just a few steps away. Half the house is rented until Aug 31, 2023 (Upstairs tenants pay $1550 including utilities) and half the house is empty so you can just move in yourself or rent out the lower unit with today's market rents and start cash flowing! Just some of the great features of this property include; Large newer windows including egress in the basement, shared laundry area, newer roof, newer 100amp electrical, updated cabinetry, legally suited and much more! Great location as you are a short walk to the Bow River pathways, all levels of schools, and just a short drive to the new Superstore, Farmer's market and the box stores of Trinity Hills plus just 10 mins or less to the Children's / Foothills Hospitals + downtown, & great access west to the Mountains via the #1 Highway. Doesn't get any better than this for the price, call you favorite Realtor today to view.