Income potential with this charming Brick Bungalow with Walk-Out In-Law Suite in the Heart of Ardagh Bluffs! Welcome to this spacious and sun-drenched bungalow ideally situated on a quiet, family-friendly street backing directly onto a schoolyard and just steps from Ferndale Park! This well-maintained home offers a versatile layout perfect for multi-generational living or potential rental income. The main floor features two generous bedrooms, a bright open-concept living and dining area, and a large, sun-filled kitchen with ample cabinetry and walkout to a private upper deck overlooking the serene, tree-lined school field for your own peaceful retreat. Enjoy the convenience of main floor laundry, new laminate flooring, and inside access to the garage. Downstairs, the fully finished walk-out basement offers a separate entrance to a self-contained in-law suite, complete with two additional bedrooms, a full kitchen, 4-piece bath, spacious living area, and a cozy 3-season sunroom. Located in the highly desirable Ardagh Bluffs neighbourhood renowned for its trails, top-rated schools, and easy access to shopping, parks, and Hwy 400, this is a rare opportunity to own a turn-key home in one of Barrie's most sought-after communities.