Opportunity awaits with this spacious 3+ 2 bedroom bungalow with in-law suite, ideally located in one of Penetanguishene's most sought-after family friendly neighborhoods. This home features hardwood floors throughout, a large eat-in kitchen with a walk-out to the back deck with a private backyard that backs onto a convenient bike trail, and a fully finished in-law suite with a cozy gas fireplace - offering flexible living arrangements ideal for extended family, guests, or potential rental income. Just minutes from local schools, parks, and the historic downtown waterfront, this home offers the perfect balance of comfort, convenience, and charm. Whether you're a growing family in need of more space, downsizers seeking main-floor living, or an investor looking for a great opportunity and flexible closing, this home has it all.