Quaint Cedar Valley location! Set on a peaceful .726 acre lot and well back from the road, this 1,620 sq. ft. bungalow offers country living with endless potential! The spacious main level needs some TLC, while the beautiful, move-in ready, 2-bedroom + office basement apartment is finished to perfection offering a great option for comfortable living while you renovate. The main floor welcomes you with a bright open foyer that leads into a sun-filled living area and a family-sized kitchen. There are three generous bedrooms, a semi-ensuite bath, laundry room, powder room and a huge breezeway connecting the oversized double garage. The main level with its functional layout provides the perfect foundation for your vision whether you're planning simple updates or a full renovation. The lower-level apartment has separate private access from the breezeway (in-law/income potential) as well as access from the upper foyer/hall. It features a stunning kitchen with large island, quartz countertops, backsplash, pot lights, and stainless-steel appliances, plus a spacious living area, two bedrooms, office/bedroom, 3-piece bath, laundry closet and lots of storage/utility space. Outside, you'll find all the space you need for true country living - a park-sized backyard with room to garden, play or simply unwind. The oversized garage and long driveway provide plenty of parking as well as ample space for toys, tools, hobbies or whatever your heart desires. Located in sought-after Cedar Valley, just minutes from the Elora-Cataract Trail, Erin, Hillsburgh, and Guelph, this property combines the peace of country life with the convenience of nearby amenities. A wonderful opportunity to create your dream home while enjoying a beautiful, move-in-ready apartment. So many possibilities for country living at its best!