Zoned C4i, this charming two-storey brick home offers exceptional flexibility for residential, commercial, rental income, or mixed-use possibilities. Ideally located just steps from the downtown waterfront and close to parks, shopping, and all amenities. This 4-bedroom, 2-bathroom property is freshly painted; some new windows have just been replaced. It is filled with character, featuring high ceilings on both levels, a classic wood staircase, carpet-free living with laminate and ceramic flooring throughout, and a wide front porch that sets the tone-ideal for morning coffee or evening unwinding. The main floor includes a large bedroom, a 3 pc bath, a well-sized kitchen, and a bright living area. Both the the front and rear entrances naturally support flexible live/work or multi-purpose space arrangements. The upper level includes an additional prep kitchen area with a sink, cabinetry, and counter space, 3 bright bedrooms, and a 4 pc bathroom, allowing for adaptable configurations such as a home-based business, professional office, live/work setup, or personalized retreat. 3 parking spaces offer convenience in the heart of the city. Rich in character and history, this centrally located property presents an excellent opportunity for investors, entrepreneurs, or homeowners seeking versatile space and potential supplemental income.