Opportunity awaits within this charming bungalow located on a sprawling 40x122 ft lot. Nestled within the family-friendly Newtonbrook East neighbourhood, just steps from great schools and the convenience of Yonge St. 37 Madawaska Ave is brimming with opportunities to renovate to your taste, invest, or build your dream home! Boasting a spacious open-concept living and dining area with large windows and adorned with elegant crown moulding, offering a perfect foundation for modern updates. The spacious kitchen is equipped with ample counter space and cabinetry, and an eat-in breakfast area to enjoy family meals. Three generously sized bedrooms, all with closets and hardwood floors, a full four-piece bathroom, and two linen closets complete the main floor. The full-sized, partially finished basement offers a separate entrance and ample space to personalize and create additional living areas. Create a large family room, in-law suite, and more storage solutions! A spacious backyard with ample green space and a detached garage in addition to the 4-car driveway. Located just minutes from all the amenities you need, from shopping and transit to community centres and park. Whether you're looking to renovate and make it your own or build your dream home, this property is calling you home!