Discover an extraordinary and rare waterfront opportunity on the shores of beautiful Lake Simcoe, offering breathtaking panoramic views and limitless potential. Nestled on a quiet, sought-after street, this unique property is the perfect canvas for investors, builders, or those looking to create their dream lakeside retreat. The existing home features a spacious living room highlighted by a cozy fireplace, creating a warm and inviting atmosphere year-round. With multiple bedrooms, there is ample space to accommodate family and guests, making it ideal for entertaining or enjoying peaceful weekend escapes. Step outside and take in the stunning waterfront setting, where you can walk out to a large deck and unwind while overlooking the water. Whether you envision morning coffees by the lake or sunset gatherings, the possibilities here are endless. A true standout feature is the rare boathouse, complete with marine rails and an expansive Muskoka room above, an exceptional and highly coveted addition on Lake Simcoe. This space offers incredible potential for entertaining, relaxing, or transforming into a one-of-a-kind waterfront retreat. The property also includes a detached two-car garage and generous outdoor space, providing flexibility for storage, expansion, or future redevelopment. Ideally located just minutes from Friday Harbour Resort, you'll enjoy easy access to golf, shopping, dining, and year-round amenities, all while being just one hour north of Toronto. Whether you're looking to renovate, rebuild, or invest in a premium waterfront location, this is a truly rare offering with unmatched potential. Don't miss your chance to live, invest, and play on Lake Simcoe. Opportunities like this don't come along often.