Welcome to 503 Colonial Avenue! This 3 bedroom, 2 bath home has been lovingly cared for by its current owners for many decades! At the front of the property, you are greeted by a paver walkway that leads you to the great front porch. When entering this home, you will find a large, carpeted living room, that features hardwood flooring under the carpet. Off the living area, a large dining room is perfect for entertaining! The kitchen is located directly off the dining room and provides access to an additional bonus room/den. Featuring glass slider doors, this extra space gives access to the large deck on the rear of the home. Back in the kitchen area, you will find access to the large, clean basement. The basement boasts lots of room for storage, and also includes a laundry area and updated Gas Furnace and Hot Water Heater. There's more - the basement also includes a large, full bathroom with shower stall. Back in the living room, a staircase provides access to the second floor, which includes three bedrooms and another full bathroom. The bathroom area provides access to the large, over-sized attic area, which may serve as future, additional living space. This double-lot property features a large, private yard with tons of street parking directly in front of the home, and also features its own private driveway. At the end of the private drive, you will find a detached, oversized garage for storage needs. The side of the home features a lovely patio area with extensive landscaping, and another patio area in the shaded yard is great for entertaining or relaxing. With large trees lined down the corner of the property, the large side-yard is a private, quiet oasis. This great property has it all: location, over-sized yard, original features, upgraded mechanical and a ton of potential to become your dream home!