Re-listed 2 days ago

140 Cedar Island Rd #401, Orillia, Ontario L3V 1T1

In the same building:
-
Condo
2
3
~2000-2249 sqft
$•••,•••
$1,149,000
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$11,490Cashback
Condo
2
3
~2000-2249 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$542/sqft

Est. Mortgage$4,934/mo

Tax Amount (2024)$8,649/yr

Maintenance fees$1484/mo

Days On Market2 days

Total Days On Market145 days


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!


Property Details

Style2-Storey
ViewLake, Marina, Water, Beach, Downtown, Panoramic
Age of property16-30
SqFt~2000-2249 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberS12184603
Community NameOrillia
Data SourceTRREB
Listing byRE/MAX HALLMARK PEGGY HILL GROUP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Main Floor

Foyer

2.54 x 2.31

Tile Floor

Kitchen

5.38 x 3.4

Granite Counter / Pantry / Galley Kitchen

Living

7.65 x 8.28

Combined W/Dining / W/O To Balcony / Fireplace

Primary

5.36 x 5.77

W/I Closet / 4 Pc Ensuite / Broadloom


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 1

Total parking spaces 2


4Story
Elevator
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Login required
Price changeActive
$•••,•••
Login required
Re-listed
$•••,•••
2 days on market
history photo preview22
Listing by trreb®
Property listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY, Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

75 days

Compared to

2024

43 days

2023

59 days

2022

17 days

New Listings

Past 30 days

22 listings

Compared to

2024

20 listings

2023

18 listings

2022

11 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

9 units

2022

2 units

Median Sold Price

Past 30 days

$585,000

Compared to

2024

$700,000

2023

$505,000

2022

$702,500


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

65 and plus
26%
50 to 64
21%
0 to 19
19%
20 to 34
19%
35 to 49
16%

Household composition (%)

Single family
58%
Single person
36%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget