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 $899,900 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 1800-1999 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this stunning 2-bedroom penthouse condo, perfectly situated on the shores of Lake Couchiching at Elgin Bay Club. Boasting an expansive 1861 sq. ft. of open-concept living, this luxurious home offers a harmonious blend of style, comfort, and functionality, with captivating views from your own rooftop patio. As you enter, the bright and airy living space invites you in, showcasing gleaming hardwood floors throughout. The chef-inspired kitchen features high-end upgrades, ideal for both cooking and entertaining. The spacious primary suite is a true retreat, complete with a generous walk-in closet and a spa-like ensuite bath. A second bedroom provides ample space for guests or family, while the second full bath offers convenience and elegance. A versatile main floor den presents an ideal space for a home office, library, or cozy reading nook. Upstairs, a flexible loft space awaitsperfect as an office, third bedroom, or sunroom. Step outside to your private rooftop patio, where you can soak in the breathtaking views of Lake Couchiching, offering the perfect backdrop for peaceful mornings or vibrant evenings. This property comes with 2 parking spaces (one underground and one outside) and a dedicated boat slip for your boat! Conveniently located just a short walk along the Lightfoot Trail to Downtown Orillia dining and shopping and beautiful Couchiching Beach Park! Experience the perfect balance of serene lakeside living and contemporary luxury at Elgin Bay Club.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access, Lake/Pond, Park, Public Transit, Waterfront
Interior Features
Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
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 410, 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 $899,900 in Orillia, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.