Welcome to 334 Rimilton Ave, situated in the sought-after Alderwood community of South Etobicoke. Rare opportunity to own a home that has been lovingly cared for by the same family for over 50 yrs-solid bones, a fantastic lot (approx. 41 x 101x 47 ft.), & exceptional future potential.Whether you are an end user looking to create your dream home, or an investor or developer seeking your next project, this property delivers. As a family home it's a little gem needing some TLC. Unique 3-bd home, originally built in the 1960s, features a functional layout with 2.5 baths. Bright eat-in kitchen is positioned between the dining rm & the spacious family rm addition, creating a natural flow for everyday living. The family rm (approx. 300 sq. ft.) offers a cozy gas fireplace & w/o to the b/yard deck-perfect for entertaining or relaxing. The primary bd includes his & hers closets & o/looks the private backyard. Hardwood & ceramic flooring, complemented by large windows, fill the space with natural light & a neutral décor that provides a perfect canvas for your personal touch. Fully fenced yard features a patio & deck, while the charming front porch & landscaped frontage add to the home's curb appeal. From an investment perspective, this property presents incredible redevelopment potential. Attached report highlights opportunities for expansion, garden suite, or multi-unit configurations such as duplex, triplex, or fourplex conversions (buyer to verify). Location... steps or minutes to; shops, restaurants, parks, schools, easy access to Sherway Gardens, Marie Curtis Park, Humber College Lakeshore Campus & Queensway Health Centre. Commuters will appreciate nearby TTC bus, along with convenient access to both Long Branch & Mimico GO Stations for seamless travel into downtown Toronto. Or minutes to Toronto Pearson International Airport. Whether you renovate, rebuild, or reimagine, the possibilities here are extensive.