A Rare Peel Village Gem! Welcome to this charming brick-and-stone bungalow nestled on a premium 50 x110 ft fully fenced lot in highly sought-after Peel Village. Offering exceptional space, flexibility and timeless appeal, this wonderful home is perfect for families, multi-generational living or those looking for a home with room to grow. Step inside to a bright and welcoming main level filled with natural light. The spacious living room features a large bright window, while the inviting dining room boasts classic strip hardwood flooring and another bright window. The eat-in kitchen offers a built-in oven, countertop stove, double sinks and a generous window overlooking the yard. The flexible bedroom layout provides endless possibilities. Two bedrooms have been combined into one spacious room, while each retains its original closet, making it easy to convert back to the original configuration. The additional large bedroom features a generous closet. An upgraded 4-piece main bathroom completes the main level. A separate side entrance leads to a finished lower level offering incredible additional living space, including a recreation room,2 bedrooms, 3-piece bathroom and cold room-ideal for extended family, guests, a home office or recreation. Outside, enjoy the privacy of the fully fenced premium lot, carport and parking for up to 3 vehicles. A wonderful opportunity to own a spacious and versatile home in one of Peel Village's most desirable settings, close to parks, schools, shopping, transit and major amenities. A home filled with possibilities, character and the promise of creating something truly special.