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For Sale

140 Cedar Island Road 109 #109

Orillia, Orillia, ON
$797,000
2Bd
2Ba
1,500+sqft
1Parking
$531/sqft
CondoMLS# S13096702Listed 2026-05-0743 DOM
Cooling
Central Air

On the market for 43 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to sought-after Elgin Bay Club in Orillia - where effortless lakeside living meets comfort, space, and convenience. This beautifully appointed main-floor condo offers approximately 1,600 sq ft of bright, well-designed living space with direct panoramic views of Lake Couchiching and easy water access for a true waterfront lifestyle.Featuring 2 spacious bedrooms plus a versatile den and 2 full bathrooms, this unit is ideal for those seeking room to relax, entertain, or work from home. The freshly painted living area adds a crisp, updated feel, while the open-concept layout is filled with natural light and highlighted by large windows and walkout access that captures stunning lake views year-round. Generous in-unit storage adds everyday functionality.Enjoy the rare bonus of your own private boat slip at the condo dock, making boating and waterfront enjoyment incredibly convenient. Additional features include underground parking, a dedicated storage locker, and a secure, well-managed building for peace of mind.Residents enjoy premium amenities including a rooftop terrace with bird's-eye views of the cityscape and Lake Couchiching, plus a party room perfect for gatherings and special occasions.A rare opportunity to own a spacious waterfront-view condo in one of Orillia's most desirable lakefront communities - perfect for year-round living or a luxurious downsizing option.

WaterfrontWalkout

Rooms

Main Floor
Living Room5.99 × 7.70 m
Dining Room2.64 × 4.22 m
Kitchen2.87 × 3.35 m
Breakfast2.87 × 1.75 m
Primary Bedroom3.71 × 7.39 m
Bathroom2.67 × 3.43 m
Bedroom 24.72 × 3.12 m
Office2.67 × 4.37 m
Bathroom3.25 × 1.68 m
Den2.06 × 1.60 m

Features

  • Auto Garage Door Remote
  • Primary Bedroom - Main Floor
  • Storage
  • Patio
  • Year Round Living
  • None
  • Central Air
  • 1 Storey/Apt

Financials

Annual Taxes
$6,077

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield3.9% – 5.3%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Orillia

Days on market43 days
Buyer's MarketSeller's Market

Based on active listings in Orillia. Data updates daily.

Our estimate for this home

Priced 3.1% above estimate
Estimated range
$715K$831K
Mid-point $773K · ~$515/sqft
How this listing compares
$715KList · $797K$831K
Medium confidence·Based on 24 orillia comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$797,000
140 Cedar Island Road 109, Orillia
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