This spacious 3-storey home in the heart of Penetanguishene offers over 2,000 sq. ft. of functional living space, ideal for large or multi-generational families. With 3 bedrooms and 3 bathrooms, the home backs onto a mature tree lot for added privacy. Features include an updated kitchen, renovated bathroom, and two additional living areas--perfect for an in-law suite, home office, or extra family space. A full floor is dedicated to office or entertainment use with a walk-out to the backyard. The primary bedroom includes a private balcony with treed views, and a new front deck adds outdoor living space. The unfinished basement offers further potential. Located on a bus route and close to schools, parks, and the Georgian Bay waterfront, this home is a solid option for buyers needing space, flexibility, and convenience with excellent potential for a complete in-law suite setup.