This spacious 5-bedroom, 2-bathroom bungalow sits on a large lot in the heart of Varsity offering an ideal location & unique opportunity for home owners or investors. The main floor features a vaulted knock down ceiling, 3 good sized bedrooms with considerable windows, an inviting living room leading to the bright dining area and kitchen complete with fridge, electric stove, built-in dishwasher and extensive maple cabinetry for ample storage. The Luxury Vinyl plank flooring throughout and newer vinyl windows offer seasonal comfort and style. The 4-piece family bath has been nicely renovated with tile flooring, vanity + a tile surround bath/shower. The basement offers a separate entrance option and includes a large recreation room, vinyl plank flooring, 2 well sized bedrooms, newer & larger vinyl windows for proper egress, a 3-piece bathroom plus significant storage in the laundry/utility room. Outside, the large lot has a front drive for parking, a generous 23' x 25' detached garage (insulated and drywalled), gravel parking pad for addt'l parking and a fenced yard with outdoor storage sheds. Other notable updates of this home include: newer furnace (2019), roof, fascia, soffits & eaves troughs (2020), garage roof (2021), 100 amp service in the home, separate 20 amp breaker running to the garage, and 5/8 fg drywall on basement ceiling with additional sound proof insulation. The home is well situated within walking distance to schools, parks, playgrounds, tennis courts, Market Mall, the University, University District, hospitals, various amenities, city transit and the C-Train. Experience the ease of urban living in this desirable Varsity bungalow. Contact your favourite Realtor for your own private tour of this home.