Nestled in one of Applewood's most desirable neighborhoods, this 5-bedroom, 4-bathroom home combines character, comfort, and rental flexibility. The main level offers three bedrooms, beautifully updated bathrooms, and a stunning new kitchen featuring high-end smart appliances, elegant countertops, and custom cabinetry. Upstairs, a private guest suite awaits with a bedroom, full bathroom, kitchenette, and living room-ideal for multi-generational living or rental opportunities. The expansive basement is designed for both fun and functionality, featuring a spacious recreation room with a pool table (included), a bedroom with an egress window, and a versatile studio space-perfect for art, yoga, or a home office. Step outside to the enchanting backyard, complete with garden beds, mature trees, quiet nooks perfect for morning coffee, and a covered patio with a gas stub-out for a fire pit. Additional highlights include a heated oversized garage and a water softener. Thoughtfully updated and well maintained, this home offers a newer sewer line, windows, furnace, water heater, and a durable metal shake roof, ensuring peace of mind for years to come. Ideally located near Maple Grove Elementary and Manning Middle School with quick access to the mountains, shopping, and dining. Don't miss this incredible opportunity to enjoy Applewood living with the bonus of potential rental income!