Nestled in one of Orillia's most sought-after, premium neighborhoods, this charming bungalow radiates true pride of ownership. Surrounded by amazing neighbors and a tight-knit community feel, this property offers a rare combination of location, space, and versatility. Whether you are a first-time homebuyer looking to plant roots in a top-tier neighborhood, or looking to downsize without compromising on quality and yard space, this home is an absolute must-see.The Property Highlights include a large 60 Ft x 150 Ft town lot in the heart of the city: perfect for gardeners, kids, pets, or summer hosting. Main Floor is Bright and airy, with a living room flooded with natural light, a cozy eat-in kitchen, 2 comfortable bedrooms, and a beautifully updated 4-piece bathroom (2022). The Newly Refinished Lower Level (2024) has been Fully updated with a large Rec room, kitchenette, 3rd bedroom, laundry, 3-piece bath, and abundant storage. This home has Income or In-Law Potential with the lower level featuring a separate walk-up entrance, making it the ultimate setup for an in-law suite, multi-generational living, or a potential secondary unit. Recent Upgrades include Roof (Shingles Replaced November 2024), Lower Level Spray Foam Insulation (2024) and Outdoor Living (Gorgeous new concrete patio & back deck 2023). This home is within easy walking distance to the absolute best of Orillia including excellent schools, beautiful parks, 5 minutes to the Hospital, the public library, and the vibrant shops and restaurants of downtown. It is the perfect place to start or to settle down!