Set on a rare and expansive double lot on Killarney Beach Road, this legal duplex property offers exceptional space, flexibility, and strong income-generating potential in a highly versatile layout. Mixed-Use potential! The main residence features a functional 3 bedroom space, well-finished design with hardwood flooring throughout and bright, open-concept living and dining area connected to a kitchen with ample cabinetry, storage, and natural light from a large window. The primary bedroom has a powder room with pocket door. The other 2 bdrms are spacious and bright. A legal secondary suite upstairs provides a self-contained one-bedroom unit complete with a full bathroom and ensuite laundry-perfect for rental income or extended family use. The fully finished basement offers another independent living space with an open-concept kitchen, living and dining area, two bedrooms, and its own laundry. Located within walking distance of Lake Simcoe, arena, school, and shopping, this home combines lifestyle convenience with strong investment value. With multiple self-contained living units and a rare double-lot footprint, this property is ideally suited for investors, multi-generational families, or those seeking significant income potential while maintaining generous private living space. Killarney Beach is very quickly developing into a central location!