Newly priced and set on an exceptional 50 x 204 foot lot in the desirable Rustic/Maple Leaf community, 502 Queens Drive offers a rare opportunity with outstanding flexibility for end-users, investors, renovators, and builders. This solid raised bungalow offers multiple paths forward: live in and update over time, accommodate extended family, explore income potential, renovate as an investment, or build new on a premium deep lot. Property being sold as is. The ground level features a separate entrance, walk-up to the backyard, open-concept layout, renovated kitchen with granite counters, backsplash, and stainless steel appliances, four-piece bath, laundry room, large cold room, and direct garage access into the kitchen. Bright and functional, this level offers strong potential for multi-generational living or a possible suite. The upper/main floor is accessed by a traditional front staircase and offers a classic family layout with formal living and dining rooms, family room, bright solarium, three bedrooms, five-piece bath with bidet, and a kitchen with stainless steel appliances and backsplash. The exceptionally deep backyard features mature trees, existing garden areas, gazebo, shed, and outdoor sinks, offering a strong foundation to restore, redesign, or create a private outdoor retreat. Ceramic tile and hardwood throughout, pot lights, generous room sizes, and fantastic curb appeal. Patio enclosure can be removed to utilize one-and-a-half-car garage space. Close to schools, parks, transit, shopping, and major highways, this is a compelling opportunity in an established neighbourhood with lot value, flexibility, and long-term upside. All existing window coverings, all electrical light fixtures, lower-level refrigerator, stove, dishwasher, washer and dryer, and upper-level refrigerator, stove, and dishwasher included. All chattels, fixtures, and property being sold in as-is condition. Some images include artificial intelligence visual renderings for illustrative purposes only, intended to help buyers envision the home's potential. Please refer to actual photos and in-person viewings for current condition.