This raised bungalow, set on an impressive 50 x 226 ft lot in the desirable Mill Pond neighborhood of Richmond Hill, offers an incredible opportunity to live in as-is, renovate or rebuild your dream home! The spacious lot provides unmatched potential for outdoor living, expansion and/or landscaping. Mill Pond is known for its family-friendly atmosphere, beautiful parks, and proximity to excellent amenities, including the scenic Mill Pond Park. The area is also served by highly-rated schools, including St. Theresa of Lisieux Catholic High School (AP Program) and Alexander Mackenzie HS (IB Program), ensuring great educational opportunities for families. Inside, the home features a grand entrance with 11-foot ceilings, two bedrooms, and a 4-piece bathroom on the main floor. The eat-in kitchen overlooks the dining room, which leads to a balcony overlooking the south-facing backyard. Hardwood floors in the living room add warmth, while the finished basement includes a large rec room, a second kitchen, a 3-piece bathroom, and a spacious laundry room with cold storage. Outside offers a 2-car detached garage and additional parking for 6 vehicles.