? Welcome to 5516 Taylor Crescent NE ? a fully developed 4-level split located on a quiet street facing a large greenbelt and park. Offering a great layout with income potential and a basement illegal suite. This home delivers versatility in a well established community. The main level features vaulted ceilings and large front-facing windows that flood the space with natural light. The open living and dining room provide a comfortable and functional layout for everyday living. The kitchen is finished with white shaker cabinetry, subway tile backsplash, and stainless steel appliances. Upstairs offers three bedrooms, including a spacious primary, along with a full 4-piece bath. The lower split level adds further functionality with a 3-piece bath and a dedicated laundry area. The basement is configured as an illegal suite with a separate rear entrance, complete with a full kitchen, a spacious bedroom (with egress windows), 3-piece bath, and its own separate laundry room. This flexible space is ideal as a mortgage helper, multigenerational living area, or investment opportunity. The backyard features a large concrete patio and open green space, providing a great outdoor extension of the home. Parking is well accommodated with a double oversized detached garage (with alley access)?fully insulated, heated, and equipped with a subpanel. Plus a front driveway with covered carport. Located just 15 minutes from downtown and 5 minutes from Nose Hill Park, with quick access to McKnight Boulevard, Centre Street, and Edmonton Trail. Nearby community amenities include parks, pathways, Thorncliffe community garden, a full 18-hole disc golf course, and the Thorncliffe Greenview Community Association Centre. A solid opportunity for both homeowners and investors in a highly accessible location. Book your private showing today!