Located in the highly sought-after community of Scarboro, this charming bungalow offers a fantastic opportunity for first-time buyers, investors, or those looking to build. Situated on a quiet cul-de-sac, the property boasts a desirable 42 ft x 125 ft lot with RC-G zoning, opening up a range of possibilities. The main floor welcomes you with original hardwood floors, creating a warm and inviting atmosphere. The layout features a combined living/dining area, perfect for gatherings, and an updated kitchen ready for your culinary creations. Two comfortable bedrooms and a well-appointed bathroom complete this level. The basement provides additional living space with an updated 4-piece bathroom, a versatile den suitable for a home office or extra bedroom, and a convenient laundry/storage area. Recent updates include a new roof (2022) and a detached, heated single-car garage built in 2023, adding significant value and peace of mind. This property is a perfect fit for a variety of buyers. First-time homeowners will appreciate the space and prime location. Those with future development plans will be drawn to the generous lot size and RC-G zoning, which allows for multi-unit dwellings. Investors will recognize the potential for strong returns in this desirable neighborhood. Enjoy the convenience of being close to trendy 17th Avenue with its shops and restaurants, and just a short five-minute drive to the vibrant downtown core. Don't miss this chance to own in Scarboro! Book your showing today. Some of the listing photos are virtually staged.