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 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!