This beautifully maintained two storey home offers the perfect combination of family comfort, exceptional outdoor living, and incredible flexibility for hobbyists, entrepreneurs, or anyone looking for extra space. Ideally situated within walking distance to Penetanguishene's charming downtown, the waterfront, marinas, parks, schools, restaurants, cafés, shopping, and everyday amenities, you'll love the convenience of this sought-after location. The home features three generous bedrooms on the upper level and a spacious full bathroom complete with a double-sink vanity. The bright main floor is designed for gathering, with Large Living room, separate dining room and bright kitchen. The sunroom off the kitchen is filled with natural light with a garden door that opens to the backyard. A convenient main-floor powder room combined with laundry adds everyday practicality with access to the spacious crawlspace below. Step outside and discover your own private fully fenced oasis. Beautifully landscaped stone patio, a charming pergola with a dedicated space for your future hot tub create the perfect backdrop for entertaining or simply unwinding after a long day, complete with gas line for grilling. Need extra space? The partially finished cabin offers endless possibilities as a guest bunkie, art studio, home office, fitness room, or creative retreat-ready for your finishing touches. The property becomes even more impressive with rear access from Norse Trail, providing additional parking and plenty of room for your RV, trailer, boat, or recreational toys. A true highlight is the attached oversized single-car garage. Professionally finished by the previous owner, the pine interior is stunning and this exceptional space includes its own heating system, electrical sub-panel, and ventilation system, making it ideal for woodworking, crafts, automotive projects, or a home-based business. With zoning that permits a Retail Sales Occupation, the opportunities are truly endless.