Opposite the fortress, on the right Bank of the Volkhov river, stood Vasilievsky monastery, most of the buildings were wooden. In the time of Troubles, the monastery suffered devastation and destruction, and in 1618 settled here eight Valaam monks, expelled the Swedes from the permanent place of residence. The stone Church of Basil of Caesarea in 1620-ies. was fall, and the brethren had to hold worship services with torches. In 1666, the Church collapsed to the ground, and after 20 years at its location on funds Governor T. I. Bestuzhev was built new, existing and now. At the end of the XVII century in the monastery there are only two monks. In 1764 the monastery was abolished, and the Church became a parish.