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Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year.A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants.