Exceptional opportunity in the prestigious community of Rosedale! Situated on a generous 5,984 sq. ft. lot, this charming bungalow offers endless possibilities. Live in, renovate, invest, or build your dream home. The property also comes with a City of Calgary approved Development Permit for a luxury duplex with two legal basement suites, making it an outstanding redevelopment opportunity. The home features hardwood floors, crown mouldings, a bright living room with a wood-burning fireplace, a functional kitchen with stainless steel appliances and gas cooktop, 3 bedrooms, 2 full bathrooms, and a fully developed basement with a spacious family room. The private west-facing backyard offers mature trees, a patio, detached single garage, and additional parking with RV potential. Ideally located on a quiet, tree-lined street just minutes from downtown, SAIT, the University of Calgary, Foothills Hospital, schools, parks, McHugh Bluff, and all the amenities that make Rosedale one of Calgary's most desirable inner-city neighborhoods.