HOUSE & huge SHOP C1 ZONING- Rare opportunity to own this beautifully renovated 2+1-bedroom, 2-bath bungalow on a scenic 0.794-acre riverfront lot along the Pefferlaw River. Quality craftsmanship is evident throughout this unique property, blending comfort, charm, and versatility.The bright, open-concept family room is anchored by stunning oversized timber beams framing the fireplace, creating a warm and inviting focal point. The spacious primary bedroom & family room offers radiant water heated floors, a stylish modern ensuite, and a walkout to a private patio sitting area. Multiple walkouts & exits throughout the home provide seamless access to the outdoors, including a walkout from the living room to the cozy covered cantilever porch-perfect for BBQing and relaxing.Step outside and enjoy the peaceful sounds of the nearby waterfall while overlooking the river, dock, and natural surroundings. Launch your canoe right from your own 8' x 16' dock and paddle the Pefferlaw River.The impressive approx. 50' x 113' heated shop offers endless possibilities, featuring radiant heat, steel roof, cozy lounge, kitchen area, office, multiple storage rooms, and a large covered porch (13'6" x 25') facing the river. Ideal for hobbyists, toy storage, workshop use, or business operations.Property is zoned C1-30, creating exciting flexibility for future use. House is serviced by a 100-amp panel, shop by a 200-amp panel, each with separate hydro meters. Massive wide driveway offers abundant parking for vehicles, trailers, toys, or equipment.Bonus Opportunity The separately deeded vacant waterfront lot next door (201 Pefferlaw Rd MLS N13496624) is available exclusively to the purchaser of 203 Pefferlaw Rd at an additional cost. Not available for individual sale. Adding this lot may significantly enhance your future plans, uses, and enjoyment of the property.A rare blend of riverfront living, functional space, business potential, and lifestyle opportunity in a beautiful scenic setting.