Attention investors and first-time home buyers! Welcome to 33 Coldwater Road in beautiful Orillia, Ontario-a well-maintained semi-detached legal duplex ideally located in the heart of the downtown core. Offering approximately 1,700 square feet of living space, this property provides excellent versatility and income potential. Both units are bright, neat, and tidy one-bedroom layouts, each featuring the convenience of in-suite laundry. Unit A is currently vacant and includes a 4-piece bathroom, making it perfect for setting your own rent or owner occupancy. Unit B is occupied and features a 3-piece bathroom, providing immediate rental income. Each unit is serviced by its own 100-amp panel, with heating controlled by the lower unit. The lower unit also benefits from additional basement storage space, adding further practicality for tenants. Outside, you'll find a fully fenced and gated backyard complete with two separate storage sheds-ideal for added tenant use or landlord storage. Parking is generous, with space for up to four vehicles (two per unit). Situated just steps from downtown shopping, restaurants, grocery stores, parks, schools, the public library, and the beautiful shores of Lake Couchiching, this property delivers on location. Don't miss this fantastic opportunity to own a solid investment in the downtown core in the sunshine city!