Welcome to this lovely, newly renovated bungalow in the heart of Ranchlands. This beautiful home has 2129 sqft of developed living space, and features an open floor plan with 3 bedrooms up and a fully finished basement with 2 large bedrooms in a 998 sqft illegal suite. The 1131 sqft main floor features hardwood floors, a spacious kitchen with stainless steel appliances, and island with seating for 4 that opens to the adjacent eating area, and the living room. The living room features a brick faced wood burning fireplace. High vaulted ceilings lend an airy and spacious quality to the space. Access to the northeast facing backyard off the dining area affords an easy transition between indoor and outdoor living on the renovated deck. The master bedroom has a bay window and beautiful ensuite, and another full bathroom is on this level. The second bedroom is a generous size with a double closet and the third bedroom at the front of the home could easily function as an office space. Expansive window treatment creates a bright and welcoming living space, and contemporary finishes make this home a designer's dream. Laundry facilities are on the lower level. The spacious lower level is a beautiful illegal suite with generous size windows, its own laundry facilities, kitchen opening to an eating area and family room with a wall mounted electric fireplace. The bedrooms have new carpet and large windows. A full bathroom completes this level. An oversized double detached garage is at the rear of the fenced northeast backyard with easy access from the alley behind. The roof was re-shingled in 2022. Ranchlands is a well established family community and this home is walking distance to schools, the Crowfoot LRT, city transit, playgrounds and greenspace. Perfect for larger families, extended family living or generating rental income, this lovely home presents a wonderful opportunity.