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Enviably positioned less than 100m from the lake's edge, this sweet single-level residence delivers effortless lakeside living overflowing with potential. Steps from Balmoral's boat ramp and jetty, the property offers expansive 50.82 metre frontage and sits on a large 746sqm block, just across the road from the park. As is, the residence features a flexi front sunroom and an adjoining open-plan and kitchen, with two generous bedrooms and a bathroom. There is also an internal laundry and a second bathroom that can be accessed from the backyard. Positioned next to the residence is an oversized double garage with semi-enclosed alfresco, which overlooks the private, easy-care backyard, while out front, gorgeous gardens create a warm welcome to the home. Creating a stunning opportunity for homebuyers or investors seeking a project in an incredible lakeside location, there is so much potential here to renovate, extend or knock down and rebuild (STCA). While there is certainly plenty to love about living so close to the lake, it's also worth noting that all the essentials remain within easy reach. With the local primary school, great parks and local dining options all closeby, and Toronto's major supermarkets and services less than 10 minutes away, what possible reason could you have to say no to this?- Large triangular block with extensive frontage situated metres from Balmoral Boat Ramp- Original two-bedroom residence creates potential to renovate, extend or rebuild (STCA)- Single level reveals flexi sunroom, open-plan and kitchen with granite benches and breakfast bar- Interior is flooded with natural light and is low maintenance in its current layout- Two generous bedrooms, one with built-in robe- Bathroom with shower, laundry adjacent, and second bathroom accessed via backyard- Freestanding double garage and workshop space with semi-enclosed alfresco at rear- Gorgeously landscaped front gardens and private easy-care alfresco living at back- Parking on driveway for boat or trailer- Bus stop outside for easy links to Toronto and Wangi- Walk to great park and kids' playground, with recently updated Rathmines playground and new pump track moments away- Just two minutes by car to Rathmines Public School - Moments to local shops, conveniences and popular Catalina Club- Less than 10 minutes' drive to Toronto's shops, dining and services (8km)- Similar distance to Awaba Station for direct train access to Newcastle and Sydney