Premier Ancaster Location! An exceptional opportunity awaits on this incredible, park-like, .356 acre lot! Depending on your vision, design & build your dream home OR renovate & improve the existing house to make it your own OR use as a rental income property for now & hold for future planning. Endless possibilities. Existing plans are available for discussion. The current residence is perfect for multi-generational living. A spacious & sprawling 2 storey brick house, with 1990's addition, has incredible potential. Main floor features a large & bright eat0in kitchen, sunroom overlooking rear gardens, original family room now used as a cozy den with fireplace & 2 bedrooms, dining room with vaulted ceilings. As well, here is a main floor, 2 bedroom in-law suite with 2nd kitchen, living room, bathroom, deck for BBQ and separate side entrance. Private back yard is framed by mature trees and includes sheds, heated in-ground pool, deck & patio areas with small pond. Basement offers a large rec room with dry bar, additional bedroom & bathroom, large laundry room, workshop and tons of storage,. Enjoy all Ancaster has to offer: Conservation Trails, Ancaster Memorial Theatre (live theatre), Community Centre with pickleball courts, fine dining and pubs, shopping & movie theatres, excellent access to all major routes & highways. Currently occupied by tenants.