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311 - 140 CEDAR ISLAND ROAD, Orillia — listed at $498,700. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to Unit 311 at the prestigious Elgin Bay Club - one of Orillia's most desirable waterfront condominium communities. This spacious and beautifully updated 2-bedroom, 2-bath 1218 sqft, corner suite offers bright open-concept living, with engineered hardwood (2025) in the main living space, a private south-facing balcony, underground parking, elevator access, and serene views just steps from the shores of Lake Couchiching. Perfect for downsizers, professionals, retirees, or anyone seeking carefree waterfront living in the heart of Orillia.Enjoy an unbeatable lifestyle with direct access to waterfront walking and cycling trails, nearby marina access, downtown shops, cafés, restaurants, and year-round entertainment. Spend your mornings walking the trail system along the lake, afternoons relaxing at Couchiching Beach or Tudhope Park., and evenings dining downtown at local favourites like PICNIC cantina or Front Street BBQ.Orillia offers the perfect blend of small-city convenience and cottage-country charm, with easy access to boating, beaches, golf, arts and culture, and live entertainment at Casino Rama Resort. Residents also enjoy local attractions including The Orillia Museum of Art & History and Leacock Museum National Historic Site.This move-in-ready waterfront condo is ideal for buyers looking to simplify without sacrificing lifestyle, comfort, or location. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 3.57 x 2.16 meters |
| Laundry room | Main level | 2.95 x 2.32 meters |
| Bedroom 2 | Main level | 3.9 x 2.6 meters |
| Primary Bedroom | Main level | 4.34 x 3.34 meters |
| Kitchen | Main level | 4.59 x 3.25 meters |
| Dining room | Main level | 3.85 x 2.39 meters |
| Living room | Main level | 4.62 x 4.08 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is this a good starter home?+
At $498,700, this is priced in starter-home territory for Orillia. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Who is 311 - 140 CEDAR ISLAND ROAD best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,760.73, a condo/maintenance fee of $1086.25/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 1 space — Garage, Underground.
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