Top 5 Reasons You Will Love This Home: 1) Rare opportunity to secure an oversized approximately 66'x132' lot in the heart of Collingwood, where you can build your dream home or transform the existing three bedroom, one bathroom bungalow, with opportunities like this becoming increasingly scarce within walking distance of downtown, making this an exceptional chance to invest in both lifestyle and long-term value 2) Desirable R-2 zoning creates exciting possibilities, whether you envision expanding the existing home, completing a full renovation, or designing a custom residence, subject to municipal approvals, all surrounded by established homes and impressive newer builds that continue to showcase the appeal of this neighbourhood 3) Enjoy one of Collingwood's most walkable locations, directly across from the arena, parks, ball diamonds, and recreational facilities, with the YMCA just steps away, downtown cafés, restaurants, boutiques, and entertainment within walking distance, and Georgian Bay, marinas, trails, schools, and Blue Mountain only minutes from your doorstep 4) Lovingly maintained by the same family for generations, this bungalow offers a functional layout with a bright living room, spacious kitchen with adjoining dining area, dedicated laundry room, and comfortable living spaces throughout, with important updates including a roof replaced approximately 11 years ago, furnace replaced in 2011, hot water tank replaced in 2012, municipal water and sewer services, mature hedging, private driveway, and an expansive backyard 5) Oversized in-town lots with R-2 zoning, walkability, and redevelopment potential are becoming increasingly difficult to find in Collingwood, making this an exceptional opportunity for first-time buyers, renovators, investors, or anyone dreaming of building a future custom home in an established neighbourhood at this price point. 937 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.