Charming & Elegant Home with Income Potential located close to downtown at 181 Fitzroy Street. Welcome to a beautifully maintained, character-filled home located just steps from downtown, the waterfront, vibrant restaurants, boutique shopping, and the breathtaking 7 km waterfront boardwalk.. This versatile property offers both timeless charm and modern convenience, featuring a spacious 3-bedroom main residence and a legal non-conforming 1-bedroom rental unit with its own private entrance—ideal for generating income or accommodating extended family. Main Residence Features: Bright, spacious principal rooms filled with natural light. Functional main level with kitchen, dining room, cozy living area, and convenient back-entry laundry. Original staircase leads to an upper level with a generous primary bedroom including a walk-in closet, two additional bedrooms, and a full bathroom. Southern exposure adds warmth and light throughout the home. Income Suite / In-Law Suite: A charming and private 1-bedroom unit over two levels. Separate entrance offers privacy for tenants or guests Perfect for rental income, Airbnb, or multi-generational living.Recent upgrades include a new chimney and fire wall in the basement (2024), adding safety and peace of mind.With tasteful updates throughout and unbeatable walkability, this home offers a rare opportunity to live in one of the city’s most sought-after neighborhoods—all while enjoying the benefit of built-in income potential.