140 Cedar Island Road, Unit 02, 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 $1,125,000 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.
- 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: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience luxury waterfront living at Elgin Bay Club. This exceptional main-floor condo offers panoramic views of beautiful Lake Couchiching and an elegant, low-maintenance lifestyle in one of Orillia's premier condominium communities. Featuring 3 spacious bedrooms, 3 bathrooms, rich hardwood flooring throughout, and a convenient in-suite laundry room, this bright, well-appointed suite is designed for comfortable everyday living and effortless entertaining. The functional galley kitchen flows into the open living and dining areas, where expansive windows capture breathtaking lake views. The generous primary suite is a private retreat featuring a beautifully renovated ensuite bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office. Complete with two owned parking spaces and a storage locker, this rare offering also provides the opportunity to rent or purchase a boat slip, making it easy to embrace the waterfront lifestyle. Just minutes from downtown Orillia's shops, restaurants, marinas, parks, and cultural attractions, this is sophisticated lakeside living where every day begins and ends with spectacular Lake Couchiching views.
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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 $1,125,000 with an estimated mortgage of $3,745* per month. It has 3 beds, 3 bathrooms, and is 2000-2249 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 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2249 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Hospital
- Park
- Public Transit
- Waterfront
- Rec./Commun.Centre
Interior Features
- Storage Area Lockers
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 140 Cedar Island Road, Unit 02, Orillia, ON
Q.What is the asking price for 140 Cedar Island Road, Unit 02, Orillia, ON ?
The current listing price for 140 Cedar Island Road, Unit 02, Orillia, ON in Orillia, Orillia is $1,125,000.
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 02, Orillia, ON ?
140 Cedar Island Road, Unit 02, Orillia, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 140 Cedar Island Road, Unit 02, Orillia, ON offer?
Key property features include: Clear View, Hospital, Park, Public Transit, Waterfront, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Storage Area Lockers.
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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Pricing & Value Insights
Data-driven valuation for 140 Cedar Island Road 102, Orillia, ON L3V 1T1
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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 $1,125,000 in Orillia, the legal minimum down payment is $225,000 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 $18,975 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 $18,975.
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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.