Charming corner-lot bungalow with an in-law suite or potential for accessory apartment and an excellent location close to everything Fergus has to offer! This beautifully updated home offers an excellent opportunity for first-time buyers, multi-generational families, or investors looking for additional income potential. Situated on a mature, spacious corner lot on the north side of Fergus, the property is within walking distance to parks, schools, churches, shopping, the Cataract Trail, Historic Downtown Fergus and the scenic Grand River. The main level has been recently renovated and offers a bright, welcoming layout with a remodeled kitchen, newer appliances, two bedrooms, a tastefully updated bathroom with excellent storage, and convenient main-floor laundry. The lower level provides additional living space with a separate kitchen, living room, bedroom and 3-piece bathroom, making it ideal for an in-law suite, extended family member or potential mortgage helper. Numerous updates provide peace of mind, including a 2021 furnace and air conditioner, 2020 roof, 2026 carport roof, and appliances replaced within approximately the last three years. The mature corner lot provides plenty of outdoor space and curb appeal, with the added convenience of being close to local amenities. An excellent opportunity to get into the Fergus market with flexible living arrangements, recent updates and a location that puts many of the community's best amenities within walking distance. Easy access to Guelph, Kitchener-Waterloo, Milton and Highway 401 makes this a great option for commuters as well. Live in, accommodate family, or explore the potential for a mortgage helper, 297 Herrick Street N offers plenty of possibilities in a sought after Fergus location.