Nestled in the highly sought-after community of Waverly Heights just outside Owen Sound, this versatile bungalow offers an exceptional opportunity for homeowners, investors, or multi-generational living. Set on a peaceful property surrounded by the beauty of Grey County, the home features two separate living spaces with excellent income potential.The vacant main section offers 3 spacious bedrooms and 1 full bathroom, providing bright and comfortable living spaces ready for immediate occupancy or customization. The second section features a well-maintained 2 bedroom, 1 bathroom layout that is currently tenanted, offering built-in rental income from day one.Whether you're looking to offset your mortgage, expand your investment portfolio, or enjoy country-style living with flexible accommodations, this property delivers endless possibilities in one of the area's most desirable neighbourhoods. Conveniently located just minutes from Owen Sound's amenities, schools, shopping, and recreational opportunities, Waverly Heights is known for its quiet surroundings, mature properties, and welcoming community atmosphere.