Welcome to 22 olive cres. This is a large single family home (plus) 2 in-law legal suites.The main home offers 5 bedrooms, 2 living rooms, 2 full bathrooms , open concept kitchen/dining/living room and 2 covered verandas with views of Lake Simcoe. The 2 in-law legal suites are fully equipped with their own full bathroom, kitchen, large bedroom and living room. This home is large enough for a multi-generational family. This still leaves 2 in-law suites for other family to visit or live there or rent them out to students at Lake University or Georgian College to help pay the mortgage (one is currently rented at $1149/mth). So many configurations to work with. It has a huge backyard for the family and pet. This home is being updated (TBF in Oct ) with NEW interior doors, flooring, trim, bathrooms, kitchen and appliances. It is located across the road from multi-million dollar lakefront homes. Great family fun can be found at city of Orillia Kitchener Park, located ~300ft away with a beach area and a boat launch. Use it to paddle board, canoe or ice fish in the winter or enjoy watching ball games at the park. It's on a huge, very private lot of 0.4 Acre that can possibly accommodate building another residence (garden suite) in the backyard, with the new owner getting proper approval. New shingles, attic insulation and siding 2015. Buyers or agents confirm all measurements. (id:2493)