This 1-bedroom plus den condo, is a great opportunity for investors looking to get into the real estate market with minimal risk. With a reliable tenancy already in place, you can enjoy income from day one. The condo is located in beautiful Orillia, just 90 minutes from the GTA and a short stroll from Lake Couchiching, the Lightfoot Trail and the charming shops and popular restaurants of Orillia's vibrant downtown. Inside, the condo features an upgraded kitchen with premium cabinetry, countertops and trim that add both beauty and functionality. The den provides versatile space, whether you need a quiet home office or extra storage or a spot for overnight guests. For added convenience, there's in-suite laundry, making daily life just a little bit easier. This third-floor unit features a spacious balcony for enjoying warm summer evenings or if you prefer a more panoramic view of the city and Lake Couchiching, simply head up to the roof-top patio to enjoy the scenery! This is not just an investment property; it's a place that promises comfort, convenience, and lifestyle. This condo is perfect for investors seeking a low-maintenance, turnkey rental property with strong potential but it's also a great opportunity for downsizers to buy now and not have to rush the sale of their current home. Please note: The buyer must assume the existing leasehold tenant until June 30, 2026.