Welcome to this charming Cape Cod-style home located in one of the most sought-after neighborhoods in Sydney River — offering space, versatility, and exceptional investment potential. Situated close to schools, shopping, restaurants, walking trails, and all major amenities, this property is ideal for growing families or savvy investors looking for strong rental income and future possibilities. The main floor features a warm and inviting living room with a working fireplace, a spacious dining area, and a beautifully updated kitchen with newer cabinetry. You’ll also find a convenient half bath, two additional flexible rooms perfect for a home office, guest room, sewing room, playroom, or extra storage allowing endless possibilities to suit your lifestyle. Upstairs offers a modern four-piece bathroom and three generously sized bedrooms, providing comfort and functionality for the whole family. The lower level adds even more value with a finished rec room and excellent potential for further development. The basement is high and dry, has its own exterior entrance, is already plumbed for a third bathroom, and could potentially accommodate an in-law suite or secondary apartment for additional income. A 200-amp electrical panel, electric heat, and efficient heat pumps provide comfort and peace of mind. Outside, the oversized private yard offers exceptional outdoor space for children, pets, entertaining, or gardening. The large back deck overlooks immaculate grounds that truly shine during the warmer seasons. Currently generating an impressive $3,400 per month -utilities included in rental income, this property presents a rare opportunity for investors seeking immediate cash flow while also appealing to buyers looking for a spacious family home. Existing tenants are flexible and willing to stay or relocate depending on the buyer’s needs. A versatile property with strong income potential, modern updates, and room to grow all in a prime Sydney River location.