Welcome to 1187 Roselawn Avenue! A fantastic opportunity for homeowners and investors alike! This charming, move-in-ready 2+1 bedroom home combines timeless character with incredible versatility and income potential. The fully finished, turnkey basement offers excellent flexibility for multi-generational living, an in-law suite or an additional rental opportunity, with options for long-term tenancy or short-term accommodation, subject to applicable regulations and approvals. The current owners have generated approximately $3,000-$5,000 monthly through short-term rentals on AirBnB for the basement alone (AirBnB bookings can be transferred to new owner). Enjoy the added convenience of two separate laundry areas, one on each level. Outside, discover an exceptionally deep lot with a detached garage and parking for up to 8 vehicles, including the garage and rear parking area. The detached garage is currently used for additional storage, a private gym and home office, offering excellent flexibility for a variety of uses. Ideally situated in the established Briar Hill-Belgravia neighbourhood, this property is conveniently located near TTC transit and the newly opened Eglinton Crosstown LRT (Line 5), as well as local shops, restaurants, parks, schools, and everyday amenities, with easy access to the Allen Expressway and Highway 401. Whether you're looking to move in, generate additional rental income, or invest in a property with multiple possibilities, this is an opportunity you won't want to miss!