Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.