Nestled in the heart of Inglewood, this charming, detached bungalow was built in 1930 and sits on a 50ft wide X 130ft deep lot surrounded by mature trees, offering a unique blend of character, space, and investment potential in one of Calgary?s most vibrant inner-city communities. The main level features a bright and functional layout with wood floors throughout, three spacious bedrooms and a newer full 4-piece bathroom. Large triple-pane windows?two oversized and three additional full-sized?flood the space with natural light while enhancing energy efficiency and comfort. The lower level offers exceptional flexibility with a fully developed one-bedroom illegal suite, complete with its own private entrance, full bathroom, and a full kitchen and dinning area. Previously rented as a separate suite, this space is ideal for generating income, accommodating extended family, or creating a private guest retreat. Significant updates provide peace of mind, including a newer furnace (2024), hot water tank (2023), and a roof that was inspected four years ago and remains in great condition. The home also features upgraded exterior insulation, along with a complete exterior renovation completed four years ago with durable Hardie board siding. Outside, enjoy a large deck perfect for entertaining, a gated parking pad (connected to a paved laneway), and a storage shed, with additional permit street parking available. The expansive lot offers endless potential for gardening, recreation, or future redevelopment. This is a rare opportunity to own a well-maintained home on a large treed lot in sought-after Inglewood?whether you're looking for a comfortable residence, an income property, or future development potential. Close to all amenities Inglewood has to offer including restaurants, shopping, daycare, YWCA and easy access to the Bow River pathway system. The property was not affected by the 2003 flood.