54 days on market
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$1,149,000
For Sale

140 Cedar Island Rd, Unit #401

Orillia, Orillia

2+null Bed|3 Bath|Yes|54 days on market

$1,149,000

Buy with Dwelly and Save $11,490

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Home Details

Maintenance
$1484.32 / month
Taxes
$721 / month
Total Parking Spots
2
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
N
Move-in Date
Immediate
Building Age
16-30 Years
Locker
Exclusive
Hydro Included
No
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Concrete, Stucco/Plaster
Zoning
R5i(H1)
Property Type
Condo Apt
Style
2-Storey
Status
New
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Listing Description

2208 SQ FT PENTHOUSE WITH MASSIVE ROOFTOP TERRACE, PRIVATE BALCONY, 2 PARKING SPOTS, LAKE VIEWS & RARE PRIVATE DOCK SLIP! Heres your chance to own the crown jewel of Elgin Bay Club, a highly sought-after waterfront penthouse with over 2,200 sq ft of light-filled living space and jaw-dropping views of Lake Couchiching. This bright corner unit features an expansive private rooftop terrace with panoramic views of the lake and Orillia skyline, plus a balcony with a glass sliding walkout overlooking the marina, waterfront park, and downtown. Minutes to shops, dining, trails, parks, beaches, and a marina, this prime location is all about lifestyle. The kitchen offers white cabinets with some glass inserts, granite counters, a bold black/white tile backsplash, an updated built-in oven and cooktop, a large pantry and a breakfast nook. The expansive living and dining areas are anchored by a gas fireplace and feature dual furnace systems with separate heat controls. The generous primary bedroom includes a sitting area, a walk-in closet and a 4-piece ensuite with a glass shower, jacuzzi tub and massive vanity. A 4-piece main bath serves the second bedroom. Bonus second-level loft with a walkout offers added living space and flexible use. Newer vinyl flooring is featured throughout most areas, with in-suite laundry and ample storage adding everyday convenience. Two owned parking spaces, one underground and one outdoor, an exclusive storage locker, make daily living easy. Residents enjoy amenities including a party/meeting room, rooftop deck, community BBQ and visitor parking. Enjoy exclusive ownership of one of Elgin Bay Clubs rare private dock slips, as one of the few residences with this privilege, so you can pull up on your boat, store your kayak, and savour waterfront living! Fees include water, parking, building insurance and common elements. Opportunities like this are few and far between - make this rare waterfront penthouse your #HomeToStay before someone else does!
Dishwasher, Dryer, Refrigerator, Stove, Washer, Built-In oven.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jan 8, 2025112$1,295,000N/AExpiredS11913202
Jun 18, 202262$1,699,000N/AExpiredS6334411
Jun 18, 2022N/A$1,699,000N/AN/AS5665799
Apr 25, 2022N/A$1,999,900N/ATerminatedS6245402
Apr 25, 202253$1,999,900N/ATerminatedS5589831

Rooms

Room dimensions for 140 Cedar Island Rd, Unit #401, Orillia
Foyer
8 x 864 sqft
Kitchen
18 x 11198 sqft
Living
25 x 27675 sqft
Primary
18 x 19342 sqft
2nd Br
18 x 18324 sqft
Other
9 x 12108 sqft
Living
18 x 14252 sqft

Building Amenities

Bbqs Allowed
Elevator
Communal Waterfront Area
Rooftop Deck/Garden
Party/Meeting Room
Shared Dock

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 140 Cedar Island Rd401 is 7869

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1149000
Down Payment$229800
Mortgage Insurance$0
Total Mortgage$919200

Monthly Payment


Mortgage Payment$5664
Property Taxes$721
Maintenance Fees$1484
Monthly Payment$7869
$7869
monthly

About 140 Cedar Island Rd, Unit #401, Orillia

Located at 140 Cedar Island Rd Unit #401, this Orillia condo is available for sale. This property was listed for $1,149,000 on Fri May 30 2025. This condo's size is 2000-2249 Sqft. It has 2 bedrooms and 3 bathrooms. Monthly maintenance is $1,484 per month and taxes are approximately $8,650 annually. Views are to the North from this property. Step outside onto the open balcony. The property's amenities include Bbqs Allowed, Elevator, Communal Waterfront Area, Rooftop Deck/Garden, Party/Meeting Room, Shared Dock. The property includes the following rooms: Foyer, Kitchen, Living, Primary, 2nd Br, Other, Living. This property comes with 2 parking spots. This property also comes with a locker. are included with this property. 140 Cedar Island Rd, Orillia is situated in the Orillia neighbourhood.


MLS#: S12184603 · $1,149,000 · 2 bedroom condo in Orillia, Orillia