This custom bungalow on Brewster's Lake is a rare gem licensed for short-term rentals and set on a beautifully landscaped lot of over 1 acre. Perfect for hosting family gatherings or generating steady passive income, the property is positioned near a non-motorized lake ideal for fishing and offers 3% shared ownership in a private waterfront enclave. Located just minutes from Devils Glen Ski Club, close to Singhampton Caves, about 20 minutes to Collingwood, and only a 5-minute drive to gas stations, Tim Hortons, and the popular local restaurant Mylar and Loreta's, the home is a true four-season escape. Offering over 3,800 sq ft of finished living space, the home features 6 bedrooms, 4 full bathrooms, and 2 fully functional kitchens. The main level impresses with a wood-burning fireplace, solid oak floors, a formal dining room, and a chef-inspired kitchen with an oversized island and quartz counters perfect for entertaining. The primary bedroom includes a private ensuite, while two additional bedrooms, a full bathroom, and laundry are also located on this floor. A large deck with glass railings extends off the kitchen and bedrooms, offering a peaceful place for your morning coffee. The walkout lower level, accessible through separate entrances inside and outside, is fully outfitted with a second kitchen, a gas fireplace, three more bedrooms, two full bathrooms, laundry, and a generous mechanical/storage room. Extras include an oversized double garage, a Generac generator, perennial gardens, a fenced vegetable garden, a large stone fire pit, and three Mennonite-built wood sheds perfect for storage or creative projects. Whether you're dreaming of peaceful living, a spacious multi-generational retreat, or a proven Airbnb performer, this property delivers.