Fantastic opportunity to own this beautifully renovated bungalow offering exceptional flexibility, income potential, and an unbeatable location close to Collingwood, Blue Mountain, and the beaches of Wasaga. Featuring 3+2 bedrooms and 2 full bathrooms, this move-in-ready home is ideal for families, multi-generational living, or buyers looking to offset expenses with rental income. The bright and inviting main level showcases quality finishes throughout, including hardwood, laminate, and porcelain tile flooring. The thoughtfully designed split-entry layout provides excellent separation of space, while the legal secondary suite in the lower level offers a second kitchen and private living area, making it perfect for extended family, guests, or as a self-contained income-generating apartment. Numerous updates provide peace of mind and true turnkey living, including newer flooring, interior doors and trim, LED pot lights, lifetime warranty windows, furnace, central air conditioning (installed 2024), and a roof replaced in 2017. Step outside to enjoy both front and rear decks overlooking the spacious backyard, complete with an 8' x 12' storage shed and plenty of room for children, pets, gardening, or entertaining family and friends. Ideally situated in a fabulous location close to shopping, schools, restaurants, trails, and everyday amenities, this home also places you just minutes from the ski hills of Blue Mountain and the sandy shores of Wasaga Beach. Whether you're searching for a family home with in-law capability or an investment opportunity with a legal second suite, this property truly offers the best of both worlds. Simply move in and enjoy!