LAKEFRONT INVESTMENT OPPORTUNITY! This rare waterfront multi-unit property offering scale, flexibility, and future development potential. Total of 5 bedrooms, 4 bathrooms and 4 car garage. Set on over 2.67 acres with 187 feet of pristine waterfront, this MU-1 zoned property includes two separate PIDs, making it ideal for investors, developers, or those seeking a multi-use estate. The property features a well-maintained 3-bedroom detached bungalow with an open-concept main level, seamlessly connecting the dining, and living room with a kitchen. Enjoy a cozy fireplace and direct walkout to your private deck (16x28), perfect for taking in the waterfront private setting. The main floor includes two bedrooms and a full bath, while the lower level offers a spacious rec room, an additional bedroom, and a combined bath/laundry area. Complementing the main home is a 26 x 34 detached garage with two self-contained 1-bedroom units above, ideal for rental income or extended family living. A 24 x 20 detached shed provides further versatility and could be converted into additional living space, a studio or storage. Both the main home and secondary units are currently rented, generating immediate income. The expansive lot extends to the lake and offers potential for subdivision or future development, subject to approvals. This property has been upgraded with a new septic and new well as well as the furnace was upgraded with new zones. Whether you’re looking to expand your portfolio, develop, or enjoy a private waterfront lifestyle with income potential, this property delivers exceptional value. The lake itself offers year-round recreational opportunities, enhancing both personal enjoyment and rental appeal.