Have extended family, need room to spread out or see the potential for a flexible investment property? Welcome to 299/297 Spencer Avenue, a versatile home offering multiple living areas, plenty of parking and room to make the property work for your needs. Set at the end of a quiet cul-de-sac on an impressive 13,880 Sq.Ft. lot. The property also offers frontage on a pond that freezes in the winter, giving you the chance to lace up your skates right from your own backyard. Step inside 299 Spencer through the foyer and combined laundry area. Upstairs, you’ll find a renovated kitchen open to the family room and dining area, creating a bright space for everyday living, along with two bedrooms and bath. At the end of the hallway, an interior door connects to 297 Spencer. This space includes a kitchenette, living area, bedroom and bath, offering added privacy and flexibility for extended family, guests or other possibilities. Back downstairs at 299 Spencer, the above grade lower level provides even more living space, with a rec-room and bar area, bedroom, an office or den and a bath. The lower level of 297 Spencer is also above grade and currently unfinished (720 Sq.Ft.), leaving you with a blank canvas for a workshop, gym, future living space or storage. Outside, the property continues to impress with two driveways, plenty of parking and a detached garage that is heated with woodstove and wired. With its generous lot, layout, detached garage and waterfront setting, this is not your average home, it is a property filled with possibilities. Centrally located just minutes from the Armdale Rotary, this property offers convenient access to all amenities while still providing a peaceful oasis within the city. Long Lake Provincial Park is just a two-minute walk away, making it easy to spend your days hiking the trails, swimming, paddling or launching your boat for an afternoon on the lake. Recent upgrades are: heat pump(2023 & 2024), Insulation(2024), Front porch/ pavers (2024).