Attention first-time home buyers, retirees, growing families, and savvy contractors! This charming, freehold 3-bedroom home located at 246 Gill St. in the heart of Lake Country's beautiful Orillia is ready for its next chapter and offers the perfect blend of immediate comfort and incredible future potential. Situated on a deep lot with a large back yard and zoned R3, this property provides a rare opportunity to move right in, expand the existing structure, or build your dream home with plenty of space to spare. Surrounded by a vibrant community, this home puts the best of Orillia right at your doorstep: Lake Couchiching's Port of Orillia waterfront and beaches, shops, grocery stores, restaurants, schools and public transit. Whether you are looking to take your first step onto the property ladder or seeking a lucrative project with rewarding expansion possibilities, 246 Gill St. is an opportunity you don't want to miss!