Welcome to this well-located raised bungalow in the established community of Lauderdale. Offering excellent flexibility for homeowners and investors, this property features a 3-bedroom, 1-bathroom main floor along with a 2-bedroom, 1-bathroom legal basement suite, providing an excellent opportunity for rental income while living in the main level. The main floor offers a functional layout with three bedrooms and a full bathroom, while the lower level features a separate two-bedroom living space with its own kitchen, bathroom, and living area. The basement suite offers separate entrances from both the front and side, providing added privacy and convenience for both occupants. Also has brand new furnace for basement suite. A detached double-car garage provides parking and additional storage and huge backyard. Ideal for a first-time home buyer looking to offset their mortgage with rental income, or an investor looking to add a revenue-generating property to their to their portfolio.