Much larger than it appears, this beautifully updated 4-bedroom, 3-bathroom home offers exceptional flexibility for families, multi-generational living, or savvy buyers looking for additional income. Backing directly onto Euston Park and the natural beauty of the Coves area, you'll enjoy a rare combination of privacy, green space, and city convenience. Thoughtfully renovated in 2016, the home features two updated kitchens, three full bathrooms, updated flooring, trim, hardware, exterior siding, insulation, plumbing, electrical, furnace, air conditioning, and more. The bright and spacious main level offers generous living and dining spaces, a large eat-in kitchen, convenient main floor laundry, and direct access to the sunny south-facing backyard. One of the standout features is the self-contained lower-level suite with its own entrance, kitchen, bathroom, and laundry. Currently leased month-to-month to an excellent long-term tenant for $1,200/month inclusive of utilities, it provides an outstanding mortgage helper, with the tenant eager to remain if desired. Step outside to enjoy a private backyard retreat complete with a gas line-fed BBQ (incl.), storage shed, and direct access to Euston Park. Stretching behind the property, the park offers expansive grasslands, walking paths, mature trees, and connections to the environmentally significant Coves area, creating a peaceful backdrop rarely found within the city. Whether you're enjoying an evening walk, watching local wildlife, flying a kite, or simply taking in the open views, this setting is truly special. Additional features include parking for up to three vehicles, easy access to transit with a bus route nearby, and a neighbouring auto shop that contributes to quiet evenings and weekends. Conveniently located close to schools, shopping, parks, and everyday amenities, this is a unique opportunity to own a spacious home with built-in income potential and a remarkable natural setting right in the heart of the city.