Opportunity awaits in this versatile bungalow located in a charming, established Barrie neighbourhood across from a school. The main floor offers 3 bedrooms, a 4-piece bath, a bright living room, and an eat-in kitchen, while the lower level includes an additional 1-bedroom suite with a 3-piece bath, eat-in kitchen, and living area. Shared laundry facilities serve both levels. There is access to the basement suite through the side door (under carport). The spacious backyard provides plenty of room for outdoor enjoyment. This home requires updating - but with solid bones and great potential, it's an excellent opportunity for renovators or investors looking to add value in a desirable location.