Circa 1931, this three-bedroom, three-bathroom character home with a legal, spacious one-bedroom apartment is located in a highly sought-after neighbourhood in the Bridgewater community. Rich in original detail and offering strong income potential, the property blends historic charm with costly upgrades. A grand foyer welcomes you with original hardwood floors, handcrafted handrails, and an elegant staircase. Large double- pane windows provide abundant natural light, while generously sized rooms enhance comfort throughout. The main floor offers efficient heating with an annually serviced wood fireplace, newer two-head ductless mini-split heat pump, and original oil radiators throughout the primary residence. The second level features three spacious bedrooms, two bathrooms, a bright sunroom, and private rooftop patio. Nearly all second-floor windows have been upgraded to vinyl. The legal one-bedroom apartment offers excellent rental or family suite potential. The basement provides a large unfinished space with previous plumbing and a near separate entrance, offering strong development or possible third-unit potential (buyer to verify). The expansive attic presents further opportunity for additional living space. Recent upgrades include five- year-old shingles, newer mini-split heat pump, five-year-old oil furnace, updated breaker panels, and majority plumbing improvements. Beautifully landscaped grounds include separate driveways for each residence plus a fully fenced, low-maintenance backyard with gazebo, durable shed with metal roof and dual entry, and gravel and concrete surfaces. A rare character property offering approximately 2,000 sq. ft. of unfinished space and exceptional potential in the heart of Bridgewater.