This charming two-bedroom character bungalow in the vibrant community of Tuxedo offers an ideal blend of classic appeal and future potential. Nestled in a highly sought-after inner-city location, this home is perfect for those looking to invest in a property with strong land value and promising development opportunities. Whether you're considering it as a cozy residence to update and fix up or a rental holding property for future development (subject to permits and approvals) this bungalow's unique character, coupled with its proximity to urban amenities, makes it an excellent choice for savvy buyers and investors alike. While this bungalow exudes charm, it does require some updates to reach its full potential. With a bit of renovation, it could be transformed into a cozy, modern home perfect for today's lifestyle. Alternatively, it's a solid option to hold as a rental property, generating income while you secure the necessary permits to build your dream home in this prime location. The possibilities are endless, making this property a smart investment for the future.