Welcome to 242 Westmount Ave! This detached raised bungalow, located steps from Dufferin & St Clair, presents a unique investment or renovation opportunity in a prime location with potential for laneway housing. Boasting a versatile layout, this home features 2+1 bedrooms and 2 bathrooms, with separate units on both the upper and lower levels, providing potential for rental income or multi-generational living. Ready for your personal touch, this property is a blank canvas awaiting your creative vision. Enjoy the urban oasis with a private backyard, perfect for outdoor gatherings, gardening, or relaxation. With its desirable location, flexible layout, and the exciting opportunity for laneway housing, this property offers a rare chance to maximize value and functionality in one of Toronto's most coveted neighbourhoods.