Welcome to 107 Pine St in Waubaushene, a beautifully renovated 4-bedroom, 4-bathroom character home offering genuine income potential. The fully finished lower level is a self-contained in-law suite with its own separate entrance, full kitchen, living area, and bathroom, ideal for extended family, a rental unit, or a mortgage helper, with two full kitchens between the two levels. Over 3,057 sq ft of finished living space blends character with modern updates, just a 6-minute walk to Georgian Bay. The primary bedroom is a true retreat, with a walk-in closet featuring built-in shelving, a private 3-piece ensuite, a gas fireplace, and its own balcony. A second generously sized bedroom also includes a walk-in closet and balcony, totaling 3 bedrooms on the upper level. Hardwood and tile floors run throughout the main floor's living room, dining room, family room, and eat-in kitchen, which has a countertop range and ample storage. Outside, enjoy the wrap-around porch, an expansive deck, and a fully fenced yard, plus a covered area ready for a hot tub all set on a 142 x 100 ft lot with a garden shed and workshop for extra storage, hobby space, or overflow for the suite below. Recent updates include a new furnace in 2019. Conveniently located minutes from Highway 400 and Highway 12 for an easy commute to Midland, Orillia, Barrie, or beyond, this is a rare opportunity to own a spacious, character-filled home with real income potential in the heart of Waubaushene. Book your showing today.