Located in a quiet, setback neighbourhood in Cold Lake North, this raised bungalow offers a functional layout with plenty of opportunity to add additional living space. The main floor features a bright living room with large windows, a dining area, and a kitchen that connect in a semi-open layout. There are three bedrooms on this level, including the primary bedroom with a 2-piece ensuite. The basement is partially developed with 1 bedroom and potential of a 5th bedroom. The bedroom with access to the 2-piece bathroom requires the ceiling to be completed, while the 5th potential bedroom requires flooring, trim, and ceiling finishing. With a little work, the lower level could provide a significant amount of additional living space. The home has also seen several important updates over the years, with the shingles, hot water tank, and furnace replaced approximately 10 years ago. A good fit for buyers looking for a home with 5-bedroom potential and the opportunity to add value and make the space their own!