The cult complex of the Fish Sloboda consists of two churches built in the style of provincial baroque, with elements of 17th-century architecture in the facade decor. The complex was constructed on the site of the Vasilievsky Monastery, which existed in 1632, with churches dedicated to Basil of Caesarea and the Presentation of the Virgin Mary with a chapel for the Beheading of John the Baptist. The summer church of St. Basil the Great with the St. Peter and Paul chapel and a tented bell tower was reportedly founded in 1768 by archpriest Simeon. The winter church of the Presentation with chapels of Cyril of New Lake and Seraphim of Sarov was built in 1798, and in the mid-19th century, a two-story western narthex was added to it. In the late 19th century, a church parish school opened at the temples. In the 1930s, after the churches were closed, the upper tiers of the bell tower were destroyed, the small domes of the Basil church were lost, its square was divided into two floors, and the facades of both buildings were damaged.

In the 1970s, the church of the Presentation was restored, and since the 1990s, the restoration of the Basil church has continued, including the reconstruction of its bell tower and original completion. The complex is located in the central part of the Fish Sloboda. The extensive church site is bordered on the north-west side by Naberezhnaya Street, which runs along Lake Galich, and on the south-east by the main thoroughfare of the sloboda, Sverdlov Street. The churches are oriented so that their altars are significantly shifted to the south. The buildings, similar in size, are arranged parallel to each other, with the Basil church slightly shifted towards Sverdlov Street. The bell tower of the Basil church is a towering dominant feature of the area and plays an important role in the city's panorama from the lake.