Charming and full of potential, this 2-bedroom, 1-bath bungalow in desirable Queen Alexandra is perfect for first-time buyers, students, or investors. Set on a 33' x 131' corner lot, the property features a newer rear double car garage, a finished basement, and several recent updates, including fresh paint, luxury vinyl plank flooring, an updated kitchen, and shingles (2017). Whether you're looking to move in, rent out, or buy and hold, this home offers great flexibility. Located along one of the city’s designated secondary corridors, it also provides excellent redevelopment potential in the future. Just minutes to the University of Alberta, with easy access to transit, schools, Whyte Ave, shopping, and more. A fantastic opportunity in a prime central location!with so much future upside!