In a coveted South Ajax lakeside community, set on a private mature treed lot, this renovated bungalow with 3+2 bedrooms and three full bathrooms offers the rare advantage of a legal duplex generating approximately $54,000 in rental income annually, plus utilities. A sheltered portico entry welcomes you into an inviting foyer that opens to a private office/den on one side and a spacious living room enhanced by a contemporary three-sided fireplace that also warms the dining area. The expansive chef's kitchen features quality finishes and a walkout to a large fenced side deck with a gas BBQ line, perfect for entertaining. The primary bedroom includes a renovated 3-piece ensuite with an oversized glass shower. Good sized secondary bedrooms offer outstanding custom closet built-ins, complemented by a renovated main bath. For convenience, there are two separate laundry areas, one for each unit. From the front door you are ideally located a short walk to Ajax's scenic waterfront trails, Rotary Park, Duffins Bay Beach, and well-regarded local schools, with excellent proximity to transit, dining, and shopping... and just steps from Exeter Park offering a playground, splash pad, and a leash-free dog park with separate areas for large and small dogs. This is an exceptional opportunity with a substantial mortgage helper income of approximately $4,500 per month with tenants paying the utilities. The lower unit will be vacant on closing, offering flexibility for owner occupancy or tenant selection. Conveniently located minutes to the GO