140 Cedar Island Road, Unit 401, Orillia, ON

$4,500/mo
MLS#:S13070432
3 beds
3 baths
2000-2249 sqft
2.0 parking
Residential Condo & Other
140 Cedar Island Road #401, Orillia, ON L3V 1T1
⚠️

Property no longer active

This property was leased on May 5, 2026. This listing is for reference purposes only. to view the leased price.

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 $4,500 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Central Vacuum, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Why rent a cottage for just two weeks, when you can have a spectacular, waterfront lifestyle ALL YEAR LONG? Only 90 minutes north of Toronto! Welcome to the Elgin Bay Club, at the Port of Orillia on beautiful Lake Couchiching. With high ceilings, large windows and 2,200+ sq ft of living space, this exceptional 3-bedroom, 3-bath penthouse condo offers unbeatable luxury, space, and convenience-all in one of Central Ontario's most sought-after waterfront communities. For both everyday living and entertaining, the expansive, open-concept living/dining room is cozy, but also large enough for family gatherings-with a gas fireplace, incredible natural light, and views in three directions. Walk out to the oversized balcony-perfect for morning coffee or evening wine. The spacious, eat-in kitchen includes built-in appliances, generous storage, a walk-in pantry and ensuite laundry. The primary suite is a private retreat with large walk-in closet, ensuite with whirlpool tub, and ample space for a sitting area. The second bedroom features its own ensuite, while the third bedroom and two-piece bath provide flexibility for guests, a den, or home office. Upstairs, a versatile loft leads to a stunning 1,360 sq ft private rooftop terrace with panoramic views of Lake Couchiching, the Orillia waterfront, yacht basin and city skyline. With water and gas hookups, it's ideal for entertaining, gardening or relaxing. Enjoy your own private boat slip, shared dock for swimming and fishing, and storage for kayaks or canoes. Adjacent to Couchiching Beach Park, the Port of Orillia, and the Millennium Trail, plus easy access to the Trans Canada Trail system. Located just steps from Orillia's charming downtown core, you're an easy walk to shopping, dining, LCBO, Shoppers Drug Mart, and the Orillia Recreation Centre. Includes two parking spaces (one underground with locker, one aboveground). A rare opportunity to enjoy luxurious, maintenance-free waterfront living in an unbeatable location.

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Property Summary

This condo apartment located at 140 Cedar Island Road, Orillia is currently for sale and has been available on SousaSells for 97 days. This property is listed at $4,500 with an estimated mortgage of $15* per month. It has 3 beds, 3 bathrooms, and is 2000-2249 square feet. 140 Cedar Island Road, Orillia is in the Orillia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 2000-2249 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Orillia.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusLeased
Listed Date5/1/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster)
BasementNone
CountySimcoe

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Beach
  • Clear View
  • Lake Access
  • Lake/Pond
  • Waterfront
  • Marina

Interior Features

  • Built-In Oven
  • Central Vacuum
  • Primary Bedroom - Main Floor

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 140 Cedar Island Road, Unit 401, Orillia, ON

Q.What is the asking price for 140 Cedar Island Road, Unit 401, Orillia, ON ?

The current listing price for 140 Cedar Island Road, Unit 401, Orillia, ON in Orillia, Orillia is $4,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 2000-2249 sqft.

Q.What property type and architectural style is 140 Cedar Island Road, Unit 401, Orillia, ON ?

140 Cedar Island Road, Unit 401, Orillia, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 140 Cedar Island Road, Unit 401, Orillia, ON offer?

Key property features include: Beach, Clear View, Lake Access, Lake/Pond, Waterfront, Marina.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Central Vacuum, Primary Bedroom - Main Floor.

Q.What security features are installed at 140 Cedar Island Road, Unit 401, Orillia, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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140 Cedar Island Road, Unit 401, Orillia, ON

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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 #401, Orillia, ON L3V 1T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,350 (30.0%)
* Minimum Canadian down payment required for this price is $225.
Amortization Period30 Years
Estimated Monthly Payment$15Based on a loan of $3,150 over 30 years.
Purchase Price$4,500
Loan Amount$3,150
Provincial Land Transfer Tax:$23
Total Estimated Closing Taxes:$23

About Purchasing a Home in Orillia, ON

For a property listed at $4,500 in Orillia, the legal minimum down payment is $225 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 $23 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 $23.

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Orillia, Orillia Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,130

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Orillia, Orillia

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Regent Park
Public485 Regent Street, Orillia, Ontario, L3V 4E2
3.9

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Orillia, Orillia Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.