
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $747,000 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.
Wake up to breathtaking, unobstructed views of Lake Couchiching from the comfort of your own home at the highly sought-after Elgin Bay Club. Perfectly positioned on the main floor, this exceptional waterfront condo offers approximately 1,600 sq. ft. of bright, thoughtfully designed living space where panoramic lake views take centre stage. Expansive windows frame the sparkling water from the main living areas, while walkout access allows you to step outside and fully embrace the beauty of the shoreline and ever-changing scenery.Featuring 2 spacious bedrooms plus a versatile den and 2 full bathrooms, this condo offers the perfect blend of comfort and functionality. The open-concept layout is flooded with natural light, creating an inviting space for relaxing or entertaining with Lake Couchiching as your backdrop. Freshly painted throughout the main living area, the home also offers generous in-suite storage for everyday convenience.Enjoy the ultimate waterfront lifestyle with your own private boat slip at the condo dock, providing direct access to Lake Couchiching whenever the mood strikes. Additional features include underground parking, a dedicated storage locker, and a secure, professionally managed building.Residents of Elgin Bay Club enjoy outstanding amenities, including a rooftop terrace with spectacular panoramic views of the lake and city skyline, along with a party room for entertaining family and friends.Rarely does an opportunity arise to own a condo where the lake is the focal point from so many rooms. Whether you're watching the sunrise over the water, enjoying the peaceful views throughout the day, or setting out for an afternoon on the lake, this is waterfront living at its finest in one of Orillia's most desirable lakefront communities. Quick closing available.
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This condo apartment located at 140 Cedar Island Road, Orillia is currently for sale and has been available on SousaSells for 15 days. This property is listed at $747,000 with an estimated mortgage of $2,486* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 square feet. 140 Cedar Island Road, Orillia is in the Orillia neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Orillia.
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The current listing price for 140 Cedar Island Road, Unit 109, Orillia, ON in Orillia, Orillia is $747,000.
This property features 2 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.
140 Cedar Island Road, Unit 109, Orillia, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Key property features include: Beach, Clear View, Lake/Pond, Park, Waterfront, Marina.
Interior highlights include: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage.
Yes, this property offers parking space for 1.0 vehicle (Attached).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 140 Cedar Island Road 109, Orillia, ON L3V 1T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
About Purchasing a Home in Orillia, ON
For a property listed at $747,000 in Orillia, the legal minimum down payment is $49,700 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 $11,415 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 $11,415.
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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.