Spectacular 3+1 bedroom, 3-bathroom raised bungalow in the heart of Newtonbrook East. This sunlit home, situated on an impressive 51.5' x 127.5' lot, welcomes you with a classic brick exterior and an inviting entryway.Step inside to discover a spacious and elegant interior, featuring gleaming original oak hardwood floors that flow throughout the main level. The expansive living room, centered around a stunning marble fireplace, is bathed in natural light from large picture windows. An adjacent formal dining room, accented with an elegant antique chandelier, offers a perfect setting for entertaining.The updated, u-shaped eat-in kitchen is a chef's delight, boasting sleek granite countertops, a stylish mosaic backsplash, modern white cabinetry, and a convenient breakfast area with a walk-out to the side deck.The primary bedroom serves as a private retreat, complete with a walk-in closet, a 4-piece ensuite, and a walk-out to a charming Juliet balcony overlooking the serene yard. Two additional well-proportioned bedrooms provide ample space for family or guests.The lower level significantly expands the living space, offering a large recreation room, an additional bedroom, a full bathroom, and a kitchenette. With its separate entrance, this level presents a fantastic opportunity for an in-law suite, nanny quarters, or potential rental income.Enjoy outdoor living on the wrap-around deck, perfect for summer barbecues and gatherings, all within a private, south-facing fenced backyard.Located in a quiet, family-friendly neighbourhood, this home is just steps from top-ranked schools, TTC, and a vibrant selection of Persian and Asian restaurants. With an attached 2-car garage, additional parking for three cars, and potential development opportunities, this property offers a rare combination of comfort, style, and investment potential. Situated near Yonge Street, it perfectly balances suburban tranquility with urban convenience.