This beautifully updated property offers incredible flexibility, whether you're seeking rental income, multi-generational living, or the option to convert it into a spacious single-family home. The main residence has been thoughtfully renovated and features a bright living room with a cozy fireplace, a refined dining area, and a stunning kitchen complete with a large quartz island perfect for entertaining. The primary suite provides a relaxing retreat with its own private balcony, walk-in closet, and spa-inspired bathroom. Two additional bedrooms offer plenty of space for family or guests. The finished lower level expands the living area with a generous recreation room and custom wet bar-ideal for hosting gatherings or unwinding. There is a spacious entry off of the garage, great for a mudroom, art studio, guest quarters and so much more with plumbing already in place. The second unit features a comfortable open-concept layout, a spacious bedroom, walk-in closet, a full bathroom with in-unit laundry, and a private balcony-making it an excellent rental or guest space. Outside, you'll find a two-car garage, a fenced dog run, a welcoming wrap-around covered porch, and ample paved parking. Conveniently located near local schools, parks, dining, and shopping, direct access to snowmobile and ATV trails, this property combines modern comfort with classic Vermont charm. Whether you're looking to generate income or enjoy flexible living arrangements, this unique property offers endless potential in a prime location. Don't miss your chance to own a standout home in Canaan!