Located on a corner lot in the welcoming community of Southey, this 1944-built bungalow offers a variety of possibilities for a first-time buyer, investor, renovator, or someone looking for a potential building site. The home offers 546 sq. ft. on the main level, plus an additional 546 sq. ft. in the basement, with 2 bedrooms and 1 bathroom. Features include laminate flooring, a newer high-efficiency furnace, and a single detached insulated garage providing convenient parking and storage. The basement requires structural maintenance, making this property well suited for a buyer prepared to undertake the necessary improvements. Alternatively, the existing home could potentially be removed, offering an opportunity to build a new home on the corner lot, subject to applicable municipal approvals and requirements. Located in the Town of Southey, the property is conveniently situated near local amenities, school, recreation, and community services. Whether you're looking to renovate, invest, or build new, this property offers plenty of potential-call today to learn more or schedule your private showing!