This extensively renovated property offers a rare and versatile opportunity to enjoy a spacious single-family home with a private in-law suite, while maintaining full legal duplex and fire-code compliance. Thoughtfully updated from top to bottom between 2021 and 2022, the home showcases modern finishes and quality craftsmanship throughout. The main level features two bedrooms, a stylish eat-in kitchen, a separate dining room, a bright great room with a gas fireplace, and two contemporary 3-piece bathrooms. The upper level offers two generously sized bedrooms, a modern kitchen, a comfortable living room, and an updated bathroom, creating a fully self-contained second residence. Designed with flexibility in mind, the layout provides two completely independent living spaces-ideal for multi-generational families, owner-occupiers seeking supplemental income, or investors. Both units can be delivered vacant, with flexible arrangements available regarding current student occupants. Significant upgrades include a 200-amp electrical service with separate meters, copper wiring, updated PEX and copper plumbing, and full fire-code compliance for added safety and peace of mind. Each unit is equipped with its own furnace and central air conditioning. Additional improvements include a new 50-gallon gas hot water tank (January 2025), a newly replaced sewer line (November 2024), and a durable steel roof approximately 15 years old. All appliances for both units were replaced in 2022, including refrigerators, electric induction ranges, microwave fan units, and energy-efficient washer and dryer sets. Ideally located in the City of Orillia, this move-in-ready property is close to the university, hospital, shopping, and everyday amenities. Offering exceptional flexibility, comfort, and long-term value, this is a turnkey opportunity not to be missed.