140 Cedar Island Road, Unit 109, Orillia, ON

$747,000
MLS#:S13593936
2 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
140 Cedar Island Road 109, Orillia, ON L3V 1T1

Property Highlights

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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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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Property Summary

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.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1400-1599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Orillia.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionStucco (Plaster)
BasementNone
CountySimcoe
Annual Tax$6,077

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

  • Auto Garage Door Remote
  • Primary Bedroom - Main Floor
  • Storage

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 140 Cedar Island Road, Unit 109, Orillia, ON

Q.What is the asking price for 140 Cedar Island Road, Unit 109, Orillia, ON ?

The current listing price for 140 Cedar Island Road, Unit 109, Orillia, ON in Orillia, Orillia is $747,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.

Q.What property type and architectural style is 140 Cedar Island Road, Unit 109, Orillia, ON ?

140 Cedar Island Road, Unit 109, Orillia, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What key property features does 140 Cedar Island Road, Unit 109, Orillia, ON offer?

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

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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140 Cedar Island Road, Unit 109, 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 109, Orillia, ON L3V 1T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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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$224,100 (30.0%)
* Minimum Canadian down payment required for this price is $49,700.
Amortization Period30 Years
Estimated Monthly Payment$2,486Based on a loan of $522,900 over 30 years.
Purchase Price$747,000
Loan Amount$522,900
Provincial Land Transfer Tax:$11,415
Total Estimated Closing Taxes:$11,415

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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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.