Welcome to 16626 Highway 48! This charming 2-bedroom bungalow rests on over half an acre of land, just outside the burgeoning Ballantrae Community in Stouffville. Its cozy yet practical layout features an open concept living and dining area flooded with natural light. Recently renovated, the addition of pot lights, vinyl flooring, zebra blinds, and smooth ceilings lends the space a bright and airy ambiance. With its prime location, the property holds significant investment potential, whether as a short or long-term rental, or for commercial purposes, utilizing the expansive lot size to advantage. Alternatively, if you dream of constructing your own home, the committee of adjustment has approved plans for a custom 3000 square foot residence on the property. Nestled in the tranquil Hamlet of Cedar Valley, yet centrally positioned, you're just a short drive away from Aurora, Newmarket, and the 404 highway, ensuring easy access to urban amenities amidst peaceful surroundings. **Renderings Included are for illustration purposes only and does not reflect current dwelling on property** **** EXTRAS **** Brand New S/S Appliances (Fridge, Stove, Dishwasher & Over the range Microwave). New (Paint, Flooring with New Trim, 3 Piece Bathroom, Kitchen Cabinets with Quartz Counter).