This is a rare opportunity to purchase a home at this price point overlooking the Grand River and just a short walk to downtown Elora's restaurants, unique shopping and artist studios. This bungalow has a ton of potential, on the main floor you will find a living room. an eat in kitchen, family room, with a walkout leading to a large deck overlooking the Grand River, 2 bedrooms, a primary 2 piece ensuite, a 4 piece bathroom, main floor laundry/ mudroom leading into the attached garage. Head down to the walkout basement, there is a 3rd bedroom, large rec room. a 3 piece bathroom, another partially finished living space with walkout to a large concrete patio with a hot tub, covered by the upper deck. The basement also has a utility/storage room and a cold cellar. You will love the good size backyard which has a great storage shed, and hard to find unspoilt views over greenspace and down over the Grand River. The house also benefits from a metal roof, updated furnace and a/c unit, newer deck and newer concrete patio. Lot's of potential to add tremendous value here by either updating the home, or add an addition or large renovation as some of the neighbouring properties have recently done.