Set on a generous 40 x 140 ft lot in the heart of Alderwood, this solid all-brick 3-bedroom bungalow offers exceptional versatility for end users, investors, or those looking to generate additional income. The home features a functional layout with bright principal rooms and the added benefit of a high-ceiling basement, creating a more open and livable lower level. A separate entrance leads to a self-contained studio apartment, ideal for rental income, in-law suite potential, or extended family living.Located in one of Etobicoke's most convenient and rapidly evolving neighbourhoods, this property provides seamless access to downtown Toronto, with quick connections via the Gardiner Expressway, Highway 427, and the QEW. Commuters will appreciate the proximity to GO Transit and TTC routes, making travel across the city effortless. Just minutes away, you'll find a wide range of shopping options including Sherway Gardens, big box retailers, grocery stores, and everyday amenities, along with parks, schools, and community centres that make Alderwood a highly desirable place to live.Whether you're looking to move in, renovate, or invest, this property presents a rare opportunity on a premium lot in a prime location.