An exceptional turnkey opportunity offering flexibility, lifestyle, and future upside - ideal for end users, investors, or those planning a custom dream build. This well-maintained 2+2 bedroom bungalow with two full bathrooms offers immediate comfort with room to grow. The newly renovated kitchen features stainless steel appliances and a functional layout, creating a modern, move-in-ready home that can be enjoyed today while keeping long-term options open. Live in, rent out, hold, or build - all pathways are available. The finished lower level includes two additional bedrooms and a full bathroom, offering excellent versatility and the potential to be used as an in-law suite, nanny suite, or apartment, ideal for extended family or supplemental income. Located in a highly sought-after Etobicoke neighbourhood, just steps to Islington Subway Station, shops, cafés, and top-rated restaurants, this location delivers unbeatable convenience. Downtown access and cross-city commuting are effortless. What truly sets this property apart is the rare inclusion of fully approved architectural plans and permits by Architecture Unfolded Inc., removing the uncertainty and delays typically associated with new construction. The approved vision showcases a bespoke residence exceeding 3,000 sq ft, thoughtfully designed for modern family living. The proposed design features a seamless open-concept main floor ideal for entertaining, a stylish backyard patio, and an upper level highlighted by a serene primary retreat with private balcony, walk-in closet, and spa-inspired 5-piece ensuite, along with generously sized bedrooms and upper-level laundry. The future lower level allows for a self-contained apartment with separate living space and laundry. All drawings, permits, designs, and appliances are included. The planned frontage faces Meadowvale Drive. A rare opportunity to secure a great home today with the freedom to build something extraordinary tomorrow.