Looking for a move-in ready detached home with INCOME POTENTIAL in one of Etobicoke's most sought-after neighbourhoods? Welcome to 1016 Kipling Ave, an impeccably maintained raised bungalow offering exceptional flexibility for homeowners, investors, or multigenerational families. Featuring a fully self-contained 2-bedroom basement apartment with separate entrance, this property is ideal as a mortgage helper, in-law suite, or shared living arrangement. The main level offers 3 bedrooms above grade, including a unique upper-level bedroom, spacious principal rooms, a bright living room with cozy fireplace, and a generous family-sized dining area. The beautifully renovated kitchen showcases stunning two-tone sage green cabinetry, updated appliances, and timeless finishes. Lovingly maintained by the same family for over 20 years, pride of ownership is evident throughout. Situated on a fantastic corner lot in the highly desirable Islington City Centre/Princess-Rosethorn area, surrounded by multi-million dollar homes, this is a rare opportunity to enter a prestigious neighbourhood at a more approachable price point. Walk to Kipling Subway Station, shops, cafés, restaurants, parks, and everyday amenities, with top-rated schools nearby and convenient access to downtown Toronto, major highways, and Pearson Airport. Warm, welcoming, and filled with opportunity, this home truly offers the perfect blend of character, flexibility, and value. Home inspection available upon request.