Welcome to 497 Forfar Street East, a well-cared-for raised bungalow offering flexible living space, thoughtful updates and a mature corner setting in Fergus. The main level offers approximately 1,025 sq. ft. with three bedrooms and a bright, comfortable layout. An updated kitchen and bathroom, hardwood flooring and fresh paint give the home a welcoming, move-in-ready feel while still leaving opportunities for a new owner to make it their own. What really sets this home apart is the versatility of the lower level. With a walkout, engineered flooring, second kitchen, additional bedroom and bathroom, this space is ideally suited to extended family, multigenerational living, older children or simply creating more room for everyday life. The lower-level footprint also benefits from the rear kitchen addition above grade, providing even more usable space. Outside, the mature corner lot offers established landscaping and a sense of privacy that can be difficult to replicate in newer neighbourhoods. The park behind and access the the Elora/Cataract trail are a bonus. An attached single-car garage, driveway parking for approximately four vehicles and a storage shed add everyday convenience. With three bedrooms on the main level, flexible lower-level living space, an attached garage and a mature setting, 497 Forfar Street East offers a combination of features that can appeal to buyers looking for both comfortable everyday living and room to adapt as their needs change. A wonderful opportunity to make your next move in Fergus.