Incredible opportunity & potential in one of Alliston's finest established neighborhoods! Tucked away on a quiet, mature street, this solid 1,500 sq ft brick & stone bungalow sits on a massive, rare 90 x 185 ft private lot. Lovingly enjoyed by the same family for years, this home is ready for your personal touch and updates throughout-making it the perfect project for buyers looking to build sweat equity in a premium location. The functional main floor features a very spacious living room, a large kitchen, and a dining room with a walk-out to the back deck overlooking the expansive, private yard. For ultimate floor plan flexibility, you'll find laundry hookups on both the main level and the basement. Downstairs, the lower level significantly expands your living space, boasting a huge recreation room with a wet bar, a dedicated cantina/cold cellar, and a large storage room. Key mechanical updates completed in 2013 include an energy-efficient Lennox AC wall unit, natural gas boiler, and new architectural roof shingles. You'll appreciate the attached 2-car garage with inside access and 2 power garage door openers, plus a 12 x 16 ft detached shed wired with hydro. An ideal commuter location close to major highways.