Discover this charming waterfront bungalow at 164 Riverbank Drive in Pefferlaw, offering a tranquil retreat on the Pefferlaw River with direct water access to the water and just a short boat ride to the stunning Lake Simcoe(three (3) Kilometres South of the southeastern shores) and close to Holmes Point Park. Nestled on just under 0.5 acres of lush landscape, surrounded by trees, this 2-bedroom, 1-bathroom property sits on a peaceful dead-end street, providing privacy and serenity. While its a fixer-upper, with the right vision, steady hands, and a touch of heart, this home has incredible potential to become a cozy cottage or a year-round residence and with a little love and creativity, your cottage core dream home is within reach, perfect for those seeking a peaceful escape or a permanent lakeside haven and becoming a Pefferlanean!! The Owners will grant a VTB re OAC.