Renovated Bungalow on an Oversized Lot in Downtown Penetanguishene! Welcome to this beautifully updated 3-bedroom bungalow, ideally located in the heart of town on a deep 50 x 198 ft lot. A rare feature is the property's dual access, with access from the front as well as rear lane/road access to the backyard, providing added convenience for recreational vehicles, trailers, work equipment and more. The generous lot size may offer future severance or development potential, subject to municipal approval, zoning requirements and all applicable regulations. Buyers to conduct their own due diligence regarding any future development or severance possibilities. Beyond its future potential, this property offers a wonderful Georgian Bay lifestyle, with a spacious private backyard for summer gatherings, gardening, outdoor dining, relaxing with family and friends, or simply enjoying your own peaceful outdoor space. Walk to Main Street, the waterfront, parks, shops, restaurants, community amenities and scenic trails while enjoying the comfort of a quiet, family-friendly neighbourhood. This move-in-ready home has been thoughtfully updated, including a new roof (2020), fresh paint and a modern white kitchen with stainless steel appliances. The kitchen flows into the open-concept dining area, ideal for everyday living and entertaining. Enjoy main-floor laundry and a walkout to the backyard. The bright living room features a cozy gas fireplace and walkout to the welcoming front veranda. The main level offers three bedrooms, a renovated 3-piece bathroom and ample storage. A long private driveway provides parking for up to three vehicles. An excellent opportunity for first-time buyers, downsizers or investors seeking a renovated home, oversized lot, lifestyle and future possibilities in a convenient Penetanguishene location. The first 6 listing images have been virtually staged using AI for illustrative purposes only. Exact room sizes and measurements are to be verified by the buyer. (id:24093)