Perfectly situated just minutes from both Bracebridge and Gravenhurst, this solid older bungalow offers great potential for first-time home buyers or investors alike. The main floor features two bedrooms, a bright living room, dining area, eat-in kitchen, convenient main floor laundry, and a full 4-piece bathroom.The lower level extends the living space with a large rec room, third bedroom, and plenty of storage options. Set on a good level lot, this property includes a spacious backyard, a 12 x 22 outbuilding, and ample room for outdoor enjoyment. Additional features include a durable metal roof, propane fireplace, central air, forced air oil furnace, a drilled well with new pump, and more. With solid bones and a great location, this bungalow is ready for its next chapter whether as a cozy family home or an investment opportunity.