Welcome to this exceptional opportunity in prime Mount Pleasant! Set forward on its expansive lot, this property boasts a generous south-facing backyard, creating a builder's dream canvas for the construction of a 4000 sqft home. Spanning 42 feet in width by 125 feet in depth and surrounded by million-dollar homes, this is a rare chance to live or build in one of Mount Pleasant's most coveted locations. This upgraded 3 bedroom, 2 bathroom 1563 sqft bungalow, features a sunlit main level with newer windows, a renovated kitchen illuminated by a skylight, and a master bedroom with French doors opening onto tiered decks. The dinning room, originally a bedroom, can easily be converted back.The lower level, once utilized as an illegal-suite, features a wet bar, 2 additional rooms (non-egress), and a spacious living area. Outside, the expansive yard presents two decks and ample space for outdoor enjoyment, fully fenced for privacy and security, complete with a double detached oversized garage a parking pad, with plenty of room for RV parking. Perfect for families, pets, and summer gatherings, this backyard oasis offers endless possibilities. Mount Pleasant itself is a vibrant inner-city destination, boasting strong community ties, nearby schools, recreational facilities, and easy access to amenities such as Confederation Park, restaurants, SAIT, and downtown Calgary via quick transit options. Additionally, investors will appreciate the potential of this property, with numerous developments underway in the area. Furthermore, the tenant enjoys 90 days of tenancy rights upon possession after conditions have been waived. Don't miss your chance to own or develop in this sought-after neighborhood, where convenience, opportunity, and lifestyle converge. Schedule your viewing today and seize this rare offering in Mount Pleasant!