**WATERFRONT OPPORTUNITY WITH INCOME, WORK-FROM-HOME OR DEVELOPMENT POTENTIAL** Rarely does a property offer this much flexibility in such a desirable Parry Sound location. This unique package includes a charming 4-bedroom, 2 + 1 Bath century home, a detached garage/workshop building with its own hydro meter and a separately deeded waterfront lot along the river. The main residence is filled with character, natural light and beautiful water views offering spacious living areas, an updated kitchen and plenty of room for family living. Enjoy morning coffee on the welcoming front veranda and spend evenings relaxing in the private yard surrounded by established perennial gardens. A standout feature is the detached building currently used as a garage and dedicated office space. Complete with its own electrical service and basement storage area this versatile space is ideal for working from home, operating a small business, pursuing hobbies or exploring the possibility of a future secondary suite or apartment subject to approvals. The separately deeded waterfront lot adds exceptional value and opportunity. Whether you envision additional outdoor living space, a private waterfront retreat, future development potential or simply enjoying the riverfront setting the possibilities are worth exploring with municipal approvals and buyer due diligence. Located in one of Parry Sound's most walkable neighbourhoods you're just steps from downtown shops, restaurants, schools, trails, the waterfront and community amenities. A rare combination of character, location, waterfront ownership and future potential this is a property that offers options for today and opportunities for tomorrow.