Investor Alert in Desirable McKernan! This unique property offers exceptional value with a flexible layout and prime location. Zoned Medium Residential (RF3), it presents a fantastic opportunity for future development or multi-family use. The main level features a spacious living room, 2 bedrooms, a 4-piece bathroom, separate laundry, and an eat-in kitchen. Just off the kitchen, you'll find a large sunroom with access to the backyard and garages—perfect for year-round enjoyment. The basement has a private entrance and has been completely gutted, ready for your renovations and imagination. Previously, it included a living room, 2 bedrooms, a 4-piece bathroom, kitchen, and its own laundry area. The home is equipped with separate furnaces and power meters for the main floor and basement—ideal for extended family living or future suite development (permits required). Additional highlights include two single heated garages separated by a walkway. Located minutes from the University of Alberta, Whyte Avenue,