Welcome to this charming 1 1/2 story home in Mayfair, perfect for those seeking a great investment or their first home. Situated on an R2 zoned lot, this 888 sq ft residence offers versatility and potential. Main floor features a spacious living area & large kitchen with original Hardwood floors & a bedroom. Second floor has 2 additional bedrooms and a 4-piece bathroom. Private laundry on the main with access to a basement storage area. Completely separate cozy bachelor suite, ideal for additional revenue or guest accommodation. Enjoy the newer kitchen, bathroom, and flooring, all enhancing the home's appeal and functionality. Outdoor space: Fully fenced yard with a fresh lawn, perfect for outdoor activities and gatherings. Lots of parking with alley access. Don't miss out on this incredible opportunity to own a versatile property with great revenue potential. Whether you're a first-time home buyer or an investor, this home offers endless possibilities. Schedule a viewing today and seize this chance to make it yours!