Grand solid brick beauty with more flexibility than a Russian gymnast! 284 Waverley is a rare & exciting opportunity in the heart of the Beach, offering exceptional versatility for a wide range of buyers. Currently configured as two self-contained suites, this home is ideal for multigenerational living, investors, down-sizers, or first-time buyers looking for a mortgage helper. The spacious upper suite spans two levels with 3 bedrooms, 2 full bathrooms, two private decks (including one with a gas BBQ hookup), and renovated kitchen and baths. The charming main-floor 1-bedroom suite offers a condo alternative with huge upside. Want to transform it into a single-family home? Architect Timmithea Chan of Embios Architecture has already reimagined the layout to combine the spaces while preserving the homes original character with a 4 & 5 bedroom option! Investors can maintain it as-is for market rent or unlock further value with the potential to add a basement suite and laneway house. Steps to Queen East, the beach, and everything this vibrant neighbourhood has to offer. This is the flexible, future-ready home that you've been waiting for.