Nestled in the heart of one of Oakville's most coveted communities Morrison, this well-maintained bungalow sits on a mature, private property with a backyard oasis featuring a pool and deck, perfect for family living or entertaining. Surrounded by multi-million-dollar homes, this property offers a rare chance to build your dream residence. Architectural plans are already prepared for a stunning 3,500 sq.ft. above-grade home with an additional 1,600+ sq.ft. lower level, with flexibility for buyers to add their personal touches.The existing home is freshly painted and move-in ready, showcasing wainscoting, pot lights, hardwood floors, stainless steel appliances, and a cozy fireplace. This immaculate family residence enjoys an unbeatable location within walking distance to top-rated schools including EJ James, St. Vincent, New Central, Oakville Trafalgar Secondary, Linbrook, and St. Mildreds. Minutes from the lake, downtown Oakville, trails, parks, shopping, restaurants, transit, and the QEW, this quiet, family-friendly neighbourhood provides both convenience and prestige. Whether you're seeking a comfortable home to enjoy today or a prime lot to create a legacy estate, this property is a rare offering in South East Oakville.