A true gem in Orillia's desirable North Ward - this timeless storey-and-a-half home, built in 1952 on an expansive lot and lovingly owned by one family, is awaiting your personal touches. Located within walking distance to Lake Couchiching, Orillia's charming downtown, schools and restaurants and on the city's bus line, this home offers many opportunities including income possibilities. The spacious main level includes a living/dining area, with wood burning brick fireplace, kitchen, updated 3 pc bath and 2 bedrooms. Upstairs is a one bedroom apartment ready to be transformed into a comfortable living space. Downstairs is a large laundry room with storage, a 3 pc bathroom, bedroom and a spacious recreation room with a stunning fieldstone fireplace, all in need of some loving care.A large back deck overlooking a large, private backyard in an established neighbourhood with mature trees, is great for entertaining. plus there is a 10 x 10 storage building and fenced yard.