This updated 3+1 bedroom, 2-bathroom raised bungalow presents an incredible Single Family Residential opportunity with Great Investment Potential. Located on a child-friendly cul-de-sac near Highway 11, schools, shopping, and Soldier's Memorial Hospital, this home is within walking distance of Homewood Park and downtown Orillia. The property features a private double-wide driveway and a steel roof (2013) for lasting peace of mind.The open-concept main floor is bright and modern, boasting fresh paint and new flooring (2023), pot lights, and a fully renovated 4-piece bathroom (2023). This level is entirely self-contained with 3 bedrooms and its own laundry. The fully finished basement is a versatile space with separate entrances at both the front and back, a 3-piece bathroom, a bedroom, and a second laundry area. With a large family room that offers space for an additional bedroom, the lower level has the potential to become a perfect two-bedroom in-law suite with minimal work.Key mechanical updates ensure this home is move-in ready, including an updated natural gas furnace and A/C (2018), an updated front door (2018), and an upgraded front window (2019). Whether you are looking for a multi-generational setup or a savvy investment, this property offers the perfect blend of modern finishes and functional design.