Welcome to this beautifully maintained and thoughtfully updated home in the heart of Victoria Harbour! Situated on an impressive lot in one of Tay Township's desirable waterfront communities, this carpet-free property offers the perfect blend of comfort, functionality, and small-town charm with the added benefit of mixed commercial/residential zoning for exceptional flexibility and future potential. Step inside to discover a bright and inviting interior featuring spacious principal rooms and a well-designed layout ideal for everyday living and entertaining. The updated kitchen showcases elegant stone countertops, abundant cabinetry, and a seamless walkout to a private deck the perfect setting for summer BBQs, morning coffee, or relaxing evenings outdoors. The fully finished lower level with separate walkout offers incredible versatility and excellent potential for an in-law suite, multi-generational living, rental income, or a live/work setup. Major updates provide added peace of mind, including shingles (2023), upgraded electrical panel and wiring (2018), and a high-efficiency direct vent boiler. The mixed commercial/residential zoning opens the door to a variety of permitted uses, making this property an attractive opportunity for investors, entrepreneurs, home-based businesses, or buyers seeking added long-term value and flexibility. Located just minutes from Georgian Bay waterfront access, beaches, parks, marina, trails, library, grocery stores, and local amenities, this property offers the ideal balance of peaceful living and everyday convenience. Enjoy easy access to Highway 400 and Highway 12, while being only a short drive to Midland, Orillia, and Barrie. Walking distance to the boat launch. Whether you're looking for a full-time residence, investment opportunity, business potential, or weekend retreat near the water, 172 William Street is a unique property you won't want to miss.