Incredible income potential or the perfect multi-generational living setup awaits with this property's standout feature: a fully self-contained 2-bedroom, 1-bathroom in-law suite complete with a private entrance, independent laundry, and a dedicated storage room. Beyond this fantastic bonus apartment, the main residence sits on a spacious 100 x 150 lot and offers a bright, open-concept layout featuring 4 generous bedrooms, 2 bathrooms, a finished recreation room, a single-car garage, and a large living room anchored by gorgeous hardwood floors. Entertaining is a breeze with the dining room and kitchen offering seamless walkouts to the back deck, but what you will truly love is the exclusive lifestyle this location provides, including walking distance to Lake Couchiching, local walking trails and exclusive deeded access to Bramshott Community Waterfront Park with over 400 of Lake Couchiching shoreline ($50 fee per year). Families will appreciate being right on the school bus pick-up route, while commuters will love the effortless access to Highway 11 North and South, putting the amenities of both Orillia and Gravenhurst just 15 minutes away. Offering the ultimate peace of mind with a brand-new furnace (2025) and the rare rural convenience of municipal water and sewer, this turnkey property perfectly balances lakeside tranquility with unbeatable everyday convenience.