An exceptional opportunity in the heart of Killarney, this MC1-zoned property in original condition checks all the boxes for redevelopment potential, (Subject to City's approvals) long-term holding, or a savvy live-up/rent-down setup. Transit is literally at your doorstep, with a bus stop out front and the Westbrook LRT Station just minutes away, plus easy access to Westbrook Mall, Safeway, Walmart, schools, restaurants, and the downtown core. The main level offers a bright and welcoming three-bedroom layout with original hardwood floors and great natural light throughout the living and dining areas—an ideal space for owner-occupiers or attracting quality tenants. The lower level features its own separate entrance, two spacious bedrooms, and large windows that make the basement feel open and comfortable. The utility room has two washers and two dryers located at the base of the stairs. Whether you’re investing for income, holding for future redevelopment, or stepping into the market this property delivers flexibility, location, and long-term upside.