Discover an exceptional property featuring a fully renovated home and a separate, fully renovated, self- contained living space on one lot just steps from the shores of Lake Simcoe. This rare setup offers outstanding flexibility for multi-generational living or extended family, with each space designed for comfort and privacy, with ample parking on-site. The main home includes four bedrooms and three full bathrooms, fully updated from top to bottom. Highlights include a high-efficiency furnace, tankless water heater, brand-new central A/C, and a full walkout basement leading to a fenced and landscaped yard. The additional living space has also been fully renovated, offering one bedroom, full bathroom, kitchen, two separate entrances, and its own high-efficiency furnace, and a tankless water heater. Both living spaces include appliances, and all mechanicals are owned (no rental contracts). Outdoors, enjoy a landscaped yard complete with a professionally built free-standing stone fireplace. Perfect for entertaining and relaxation. The location is unbeatable - a quiet dead-end street with public lake access at the end, within walking and biking distance to trails, parks, marinas, schools, and transit. Restaurants and shopping are close by, and Highway 404 is just 10 minutes away for easy commuting. The property may also offer flexibility for future use under Ontario's Bill 23, which permits up to three residential units on most lots. Any additional development remains subject to municipal approvals and the Lake Simcoe Region Conservation Authority. Invest in Georgina! The Town of Georgina is actively pursuing growth and infrastructure enhancements, including reduced barriers to constructing additional dwelling units and accelerating housing development. This is part of a broader plan to accommodate a population expected to exceed 70,500 by 2051. A 3D walkthrough is available for each living space.