A legal suite. A 60-foot lot. Over 1,400 sq. ft. above grade. This is the kind of opportunity buyers wait for. Welcome to 1340 Avenue E North in Mayfair, perfectly situated on a quiet street directly across from the park and school, giving you open views and no neighbours across the front. The main home offers over 1,400 sq. ft. with a spacious, functional layout that's ideal for families. A large front foyer welcomes you into a bright living room, generous dining area with patio doors to the backyard, and an oversized kitchen featuring updated cabinetry, plenty of workspace, and convenient main-floor laundry. Two bedrooms and a full bathroom complete the main level, while two additional oversized bedrooms are tucked away above the garage, creating a unique layout with plenty of privacy. Fresh paint, laminate flooring, and thoughtful updates throughout make this home completely move-in ready. Downstairs, the fully self-contained LEGAL two-bedroom basement suite has its own private entrance, separate laundry, updated kitchen, spacious living and dining areas, and two generously sized bedrooms, making it an excellent mortgage helper or income-producing rental. Outside, you'll find a single attached garage, an impressive 60-foot lot, and a huge backyard with room for kids, pets, entertaining, or future possibilities. Whether you're looking to live upstairs and have the basement suite help pay the mortgage, add a solid revenue property to your portfolio, or invest in a home that offers exceptional flexibility, this one deserves a spot at the top of your list. Great homes offer space. Smart homes create opportunities. This one does both. Book your showing before someone else does.