Welcome to 148 Coldwater Rd W. Excellent location with amenities at your fingertips & Victoria Park down the street. Endless potential awaits inthis solid, well-built 3-bedroom, 2-bathroom two-story home in downtown Orillia. Offered for the first time in years, this property boasts strongbones, a functional layout with high ceilings. Bring your vision, paintbrush, and design ideas to update the space and build immediate equity. Themain level features a spacious living room with original hardwood floors, dedicated dining area, and a functional galley kitchen ready for amodern transformation. Upstairs, you'll find generously sized bedrooms and plenty of storage. Major highlights include newer Metal roof, NewGas Furnace installed 2025, Water heater owned new in 2025, new Fridge 2024 and a newly installed Bathtub with a white seamless wallsurround . Also a large family room addition at the back of the house with a fireplace excellent for a cozy family space. Outside sits an expansivedeck and backyard with room for a garden & BBQ area. Large Storage shed for storing lawn mower and bicycles etc. Front of home allows for 2parking spaces so you do not need to cut the grass here. Plus location offers easy commuter Hwy access literally minutes away.