Convertible crib. The picture do not show it, but there is a part that goes in front that makes this a full crib. It also converts to a day bed with railings (as shown in pictures), and then, if you wish you can also purchase side rails to eventually convert this to a full size bed. See attached Images. In fine condition.
Conversion Kit for full bed is available at Sears:
http://www.sears.ca/product/bily-sydney-bed-rail-conversion-kit/632-3-BTCC