Rarely found this magnificent raised bungalow, perfectly situated on a premium 40 x 178 ft deep lot backing onto a tranquil ravine with desirable south exposure. Over 3500sqft of total living space! 9'ceiling on ground fl. Enjoy exceptional privacy, abundant natural light, and beautiful unobstructed ravine views year-round. Well cared home by original owners!$$$ spent on extensive renovations and upgrades since 2021! Features include a newer roof (2021), a modern renovated kitchen with centre island, granite countertops, maple cabinetry and stainless steel appliances. The bright kitchen/family room features smooth ceilings, pot lights, a cozy gas fireplace and walkout to the sundeck overlooking the spectacular ravine setting. Freshly painted the whole house! The beautifully updated main bathroom offers a glass-enclosed shower, granite countertop, and a large soaker tub. Convenient main-floor laundry and direct access to the double garage add to the home's functionality. The 3rd br has been used as library now and can easily be converted to bedroom. The professionally finished walk-out basement is another outstanding feature of this home, filled with natural light thanks to the south-facing exposure. It features hardwood flooring, a wet bar, electric fireplace, bedroom with 3-piece ensuite, and direct walkout to the private backyard-ideal for extended family, guests or additional living space. Located in the highly sought-after, mature and family-friendly Berczy community, within the Stonebridge P.S. and Pierre Elliott Trudeau H.S. school areas. Conveniently located close to parks, plazas, supermarkets, public transit and everyday amenities. A rare combination of a premium ravine lot, sunny south exposure, 178-ft depth, extensive renovations and a finished walk-out basement in one of Markham's most desirable communities!