Rarely found this magnificent raised bungalow, perfectly situated on a premium 40 x 178 ft deep lot backing onto a tranquil ravine with desirable south exposure. Over 3500sqft of total living space! 10' ceiling on ground fl. Enjoy exceptional privacy, abundant natural light, and beautiful unobstructed ravine views year-round. Well cared home by original owners!$$$ spent on extensive renovations and upgrades since 2021! Features include a newer roof (2021), a modern renovated kitchen with centre island, granite countertops, maple cabinetry and stainless steel appliances. The bright kitchen/family room features smooth ceilings, pot lights, a cozy gas fireplace and walkout to the sundeck overlooking the spectacular ravine setting. Freshly painted the whole house! The beautifully updated main bathroom offers a glass-enclosed shower, granite countertop, double sinks and a large soaker tub. Convenient main-floor laundry and direct access to the double garage add to the home's functionality. The professionally finished walk-out basement is another outstanding feature of this home, filled with natural light thanks to the south-facing exposure. It features hardwood flooring, a wet bar, electric fireplace, bedroom with 3-piece ensuite, and direct walkout to the private backyard-ideal for extended family, guests or additional living space. Located in the highly sought-after, mature and family-friendly Berczy community, within the Stonebridge P.S. and Pierre Elliott Trudeau H.S. school areas. Conveniently located close to parks, plazas, supermarkets, public transit and everyday amenities. A rare combination of a premium ravine lot, sunny south exposure, 178-ft depth, extensive renovations and a finished walk-out basement in one of Markham's most desirable communities!