First time ever offered. Welcome to the prestigious Markland Wood, offering a unique and tranquil living experience surrounded by the timeless beauty of nature, in an enclave of stately homes. The potential of this versatile property offers the rare opportunity to either revive a majestic entertainers haven, or embark on the creation of a brand-new masterpiece. This strategically located parcel of land could present a canvas for an astute investor to craft a signature project that harmonizes with the upscale surroundings. Excellent for entertaining, enjoy a spacious extended kitchen that leads to a magnificent private backyard with direct access to the Etobicoke Creek, the path system, Markland Wood Private Golf Course. Featuring an indoor pool, sauna and an extremely large basement with 10 ft ceilings and a games room. Fully private in-law suite on the ground floor offers flexibility. 10 minutes to the airport and 15 to downtown.