Opportunity awaits at 232 Shannon Street in Orillia. This raised bungalow offers a practical layout with 2 bedrooms on the main level, 1 additional bedroom in the lower level, a 4-piece bathroom on the main floor, and a 3-piece bathroom in the basement. The home requires updating and repair, making it a suitable option for buyers, renovators, or investors looking to build equity and add their own vision. The rear yard includes a large two-level deck, offering outdoor space with potential for future improvement. Located in an established Orillia neighbourhood, this property is close to schools, parks, trails, shopping, transit, and everyday amenities, with convenient access to Orillia's Tudhope Park, downtown, and major commuter routes. A great opportunity for those seeking value in a well established area.