Spacious Raised Bungalow With Incredible Potential in a Waterfront Community! Welcome to this well-built 1,660 sq. ft. raised bungalow located in a quiet, year-round waterfront community with access to beautiful Canal Lake from two nearby lots on the street. Offering a generous footprint and solid layout, this home presents an excellent opportunity for buyers looking to add their own updates and personal touches. The main level features 4 bedrooms and 2 bathrooms, along with a bright family room highlighted by cathedral ceilings and walk-outs to a spacious new front sundeck-a perfect space for relaxing or entertaining. The open-concept kitchen and dining area provides a great foundation for modern redesign. Downstairs, the large 1,625 sq. ft. unfinished basement offers exceptional potential for additional living space, recreation areas, or a custom lower-level suite. Recent updates include new shingles (2019) and a new hot water tank (2020), Chimney (2024). The home is equipped with energy-efficient electric heating averaging approximately $120/month. Situated on a large mature lot, the property offers privacy, outdoor space, and plenty of room to enjoy the surrounding nature. Ideally located close to local amenities and outdoor recreation, with convenient commuting distances of approximately 1 hour to the GTA, 1 hour 10 minutes to Pickering, and just 30 minutes to Orillia or Lindsay. A fantastic opportunity to create your dream home in the heart of Kawartha Lakes.