278 Caledonia Rd offers an opportunity to own a fully detached bungalow in the wonderful Caledonia-Fairbank neighbourhood. This bright and spacious 2+1 bedroom home features updated finishes, an open-concept living and eat-in kitchen area, plus convenient main floor laundry. Filled with natural light throughout, this turnkey property blends comfort, function, and future potential. The finished basement adds incredible versatility with a separate entrance, additional bedroom, second kitchen, living area, open office space, bathroom, and its own laundry facilities, ideal for an in-law suite or potential rental income. Offering tremendous ROI potential and long-term upside, the property may also offer future laneway house possibilities *see report* Step outside to a fully fenced backyard featuring a large patio area and dedicated garden space perfect for planting fruits and vegetables and creating your own organic home garden. Beautiful perennial flowers, adding charm and colour throughout the seasons. The property also features a detached garage with laneway access. Situated on Caledonia road, the home benefits from priority city snow clearing in the winter and is within a one-minute walk to TTC bus stops on Caledonia Rd and Rogers Rd. Nestled in a tight-knit, family-friendly community just minutes to the Eglinton Crosstown LRT, Allen Expressway, highways, parks, schools, shops, cafés, and restaurants, this charming home delivers exceptional convenience, flexibility, and future opportunity.