Meticulous bungalow , nestled in the desirable community of Lake Margaret, set on a beautiful mature treed lot offering privacy and charm. This well-maintained 2+2 bedroom bungalow offers approximately 1,416 sq ft above grade plus an approximately 900 sq ft of finished living space in the bright walk-out lower level with potential for a granny flat or in-law suite. The main floor features cathedral ceilings in the living room with a stunning view from the windows, fireplace, widened hallways, hardwood and ceramic flooring, and an inviting eat-in kitchen with two-tone cabinetry. The spacious primary bedroom includes a walk-in closet. A large 5-piece main bath, an additional upper bedroom, a 2-piece guest bath, and a convenient main-floor laundry room. The lower level boasts a walk-out basement, filled with natural light, offering two additional bedrooms, a full bathroom, large rec room with gas fireplace, mini serving area, surround sound, built-in speakers, ample storage, a cold room, and storage under the stairs. Outdoor living is a highlight with three outdoor sitting areas, including a composite deck (5 years old) with deck lighting, a concrete lower patio, and a partially fenced yard. Additional features include a concrete driveway, double car garage, sprinkler system, tinted windows, central vacuum, wired security system, sump pump, rented hot water heater, 125-amp service, and extra insulation in the basement. Updates include a roof approximately 5 years old. This home offers exceptional space, functionality, and comfort in a sought-after neighbourhood-perfect for families or downsizers seeking quality and versatility