Tucked away along the North shores of Kempenfelt Bay, is an impressive opportunity situated in the most sought after waterfront neighborhood on Lake Simcoe, surrounded by affluent waterfront estates. This rare find is sitting on a beautiful south facing 90 feet of shoreline. It is 260 feet deep approx, plus the ownership of a water lot. Take in the impressive views over the bay or bask in the gorgeous sunrise illuminating the bay. There is an extensive customized, permanent decking at the water’s edge and granite stepping stones into the water. This 5100 sq. ft. private estate is currently used as a multi-generational residence/compound, with four separate units. With family members enjoying their own spacious units & all sharing in the benefits of making memories in a waterfront home or cottage All units offer a homey feel and a cozy fireplace with awe-inspiring views over the bay ! 4 hydro meters, one gas furnace. 1st unit has 2bdrms with den & 1-4pc bath . 2nd unit has 2bdrms with 1-4pc & 1-2pc bath. 3rd unit has 2bdrms with 1-4pc bath. 4th unit has 1bdrms with 1-4pc bath Ample parking area Detached garage - 43 ft x 22 ft ( 4 car garage) LOCATION LOCATION LOCATION!!!! Ideally located in Oro-Medonte, less than a kilometer outside the City of Barrie limits, resulting in substantial property-tax savings, yet near all the amenities - cafes, dining, shopping, golf, skiing, walking & biking trails. Only a 7-minute drive from Highway 400 and 5-minutes to a Regional Hospital (RVH). The City of Toronto is a mere 60 minutes south. Are you interested in building your dream home on the water, but not quite ready to take the plunge? Secure one of the most coveted lots & location on the Bay at today’s prices and use the rental income to supplement the costs until you are ready to build.