Welcome to 3 Lakeview Avenue in Orillia, a well-maintained duplex, offering two self-contained two-bedroom units with excellent income or multi-generational living potential. Each unit features two bedrooms, a bright living room, a full bathroom, and an eat-in kitchen, providing comfortable and functional living spaces for both levels. The lower unit has been recently renovated with durable vinyl flooring and is currently vacant, making it ideal for owner-occupancy or immediate rental. The upper unit is tenanted, offering instant income potential. This home was built in 2003 and features an attractive brick front and vinyl siding, a metal roof, and forced-air gas heating. The property is equipped with a fire suppression system with sprinklers in the furnace room. Set on a generous 50 x 127 ft lot and zoned R2, the home offers a fenced backyard and a convenient detached shed for additional storage. Separate driveways provide dedicated parking for each unit, enhancing privacy and convenience for occupants. Located near schools and bus routes, this property is an excellent opportunity for investors, first-time buyers seeking mortgage assistance, or families seeking flexible living arrangements.