140 Cedar Island Road, Orillia, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Elgin Bay Club, one of Orillia's most desirable waterfront condominium communities. This generously sized 2-bedroom plus den, 2-bath residence features a sun-filled, open-concept design ideal for comfortable living. Residents enjoy a well-cared-for building with elevator service, secure entry, and underground parking for added convenience. Step out onto your private balcony to unwind, or take advantage of the nearby walking trails, marina, and vibrant downtown Orillia, offering an excellent selection of shops and restaurants. Bright, move-in ready, and low maintenance, this condo is perfectly suited for downsizers, working professionals, or anyone seeking a relaxed, worry-free lifestyle in a prime location. Building amenities include rooftop access with sitting and viewing areas and BBQ's, outdoor/waterfront sitting area, community room, reception area, onsite building manager, dock and water access, kayak/SUP storage racks, and an active social committee. The Millenium Trail is just off the property with walking to the City of Orillia Waterfront, the Port of Orillia, Couchiching Beach Park, Centennial Park, the Main Street, Shopping, Restaurants, Grocery Stores the LCBO and more.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access, Lake/Pond, Marina, Park, Public Transit, Waterfront
Interior Features
Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 140 Cedar Island Road 312, Orillia, ON L3V 1T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $499,900 in Orillia, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.