Welcome to 464 Brimley Road South, a beautiful updated elevated bungalow in the picturesque community of Grafton on the shores of Lake Ontario. This beautiful property is loaded with potential, making it the perfect choice for families, multi-generational living or savvy investors seeking a quality home with built-in versatility. Stepping inside, the upper main level is designed for both comfort and functionality. The true highlight of this floor is the gorgeous, brand-new kitchen, which has been completely modernized with finishes, extensive white cabinetry, and beautiful countertops. The kitchen flows seamlessly into the bright eating area and the expansive main-floor great room, creating a welcoming and open-concept environment that is perfect for entertaining. Down the hall, you will find three spacious, sun-filled bedrooms and a fully updated four-piece bathroom, all meticulously maintained and ready for you to move right in. The fully finished lower level is an absolute standout, offering incredible in-law suite potential or excellent rental income capability. This lower level is equipped with a cozy bedroom, a 2piece bathroom, and a spacious great room centered around a rustic wood-burning fireplace. With a dedicated kitchenette area and stove outlet already in place, converting this space into a fully functional separate apartment is both simple and convenient. Beyond the home itself, the location offers an outstanding lifestyle. Grafton is a highly sought-after community renowned for its quiet charm and close proximity to the shores of Lake Ontario. Enjoy premier local spots like Ste. Anne's Spa, Nawautin Nature Sanctuary, and Shelter Valley Pines Golf Club. Best of all, commuting is effortless with quick, easy access to Highway 401, allowing you to reach the Oshawa GO Station in less than 45 minutes. Experience the perfect blend of lakeside country charm, modern updates, and outstanding investment potential!