Endless opportunity at this charming home on one of Collingwood's sought-after "Tree Streets"! The upper level offers a self-contained, 1-bedroom in-law suite with a separate entrance, full kitchen, and bathroom - ideal for multi-generational living, future income potential or an easy conversion to a single-family home. The bright main floor features 2 bedrooms, a family room, bathroom, laundry, kitchen and dining area (which can also serve as a 3rd bedroom). A spacious detached double car garage with loft provides storage, workshop, studio or future development potential, plus a garden shed and ample parking on this deep, full-town lot. Enjoy the large back deck, mature trees and welcoming front porch with swing. Walk or bike to the Awenda Gathering splash pad, Arboretum, Centennial Pool, skateboard park, dog park and baseball fields. Close to restaurants, downtown, and a short drive to ski hills, golf and beaches. This could be the one! Property is located within the new Mixed Use II Corridor as per Collingwood's Official Plan 2004 with great future development potential.