Calling all investors and first-time home buyers! Don't miss this income-generating bungalow offering the perfect opportunity to build equity while keeping your monthly costs down. Live on the main floor and rent out the fully finished lower level to help offset your mortgage or add this positive cash flow potential property to your investment portfolio. Built in 2010, this well-maintained home features 2+2 bedrooms, 2 kitchens, and a separate entrance to the basement. The bright main floor offers an open-concept living and dining area, large windows that fill the space with natural light, and two spacious bedrooms. The lower level is complete with 2 bedrooms, a second kitchen, and its own living space, making it ideal for tenants, extended family, or multi-generational living. Outside, enjoy a fully fenced backyard and parking for 2 vehicles. Conveniently located in East London, you're just minutes from shopping, restaurants, cafes, the Western Fair Farmers' Market, public transit, and have quick access to Highway 401. Whether you're looking for your first home with a mortgage helper or a smart addition to your investment portfolio, this property offers income potential, flexibility, and outstanding value.