A rare opportunity in East London! This charming yellow-brick bungalow offers more space and flexibility than you might expect, with 3 bedrooms, 2 bathrooms, approximately 1,274 sq ft above grade, a generous 50 x 104 ft lot, and a private double driveway with parking for up to 6 vehicles.Inside, the bright living room is thoughtfully separated from the bedroom area, creating a comfortable and functional layout for everyday living. The kitchen and dining area offer practical space for family life and entertaining, while three bedrooms provide flexibility for family, guests, or working from home.A standout feature is the additional, nearly self-contained flex space, separate from the main living areas and complete with its own bathroom and closet. Use it as a private home office, studio, guest space, hobby room, teenager's retreat, or whatever best fits your lifestyle. This kind of flexible space is an uncommon find at this price point.The spacious 50 x 104 ft lot offers plenty of room for gardening, outdoor entertaining, or creating your own backyard retreat. Located in an established East London neighbourhood close to South Branch Park, the Thames River, walking and cycling trails, shopping, public transit, and nearby schools. Lester B. Pearson School for the Arts, a specialized public school, is also nearby, along with B. Davison Secondary School.With its detached-home appeal, generous parking, flexible living spaces, and excellent lot size, 10 Pegler St offers exceptional value for buyers looking in the $400K range.