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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.
City: Orillia

| Purchase Price | $589,000 |
| Down Payment | $117,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $471,200 |
| Mortgage Payment | $2,904 |
| Property Taxes | $271 |
| Maintenance Fees | $0 |
| Monthly Payment | $3,175 |
Located at 48 Louise Lane , this Orillia house is available for sale. This property was listed for $589,000 on Mon May 04 2026. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: . This property comes with 2 parking spots.
MLS#: undefined · $589,000 · 4 bedroom house in Orillia