311 - 140 Cedar Island Road
Orillia, ON
- 2 bed
- 2 bath
- approx. 1200-1399 sqft
- Condo Apartment
- 22 days on market
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.
Listing Details
- Taxes (2025)
- $4,761
- Listed
- August 26, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Construction
- Stucco (Plaster)
- Interior
- Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Hydro Meter, Separate Heating Controls
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Front St. & Elgin
- Parcel Number
- 592920089
- Possession
- Immediate
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $1,086/month
- Fee Includes
- Water Included, Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- Exclusive
- Balcony
- Open
Included
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer, White Cabinet in Laundry Room
- Rental Items
- Hot Water Heater - Reliance Comfort
Waterfront
- Water Body
- Lake Couchiching
- Shoreline
- Mixed
- Docking
- Private
Schools
Elementary
- St Bernard's Separate School1.2 km
Catholic · Simcoe Muskoka CDSB · 240 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Regent Park Public School1.4 km
Public · Simcoe County DSB · 465 students
Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Lions Oval Public School1.4 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 47% met the provincial standard
Secondary
- Orillia Secondary School2.2 km
Public · Simcoe County DSB · 1275 students
Grade 10 literacy: 83% met the provincial standard
- Twin Lakes Secondary School2.7 km
Public · Simcoe County DSB · 835 students
Grade 10 literacy: 85% met the provincial standard
- Patrick Fogarty Catholic Secondary School2.7 km
Catholic · Simcoe Muskoka CDSB · 720 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3V
- Population
- 48,651
- Private dwellings
- 22,293
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Orillia · last 12 months
- Median sold price
- $590,000
- Homes sold
- 544
- Median days on market
- 27
- Sale-to-list price
- 96.4%
Based on 544 recorded sales of residential condo & other properties in Orillia over the last 12 months.
Rooms
2 × 4-piece on Main
Main
- Bedroom 212'10" x 8'6"
- Dining Room12'8" x 7'10"
- Foyer11'9" x 7'1"
- Kitchen15'1" x 10'8"
- Laundry9'8" x 7'7"
- Living Room15'2" x 13'5"
- Primary Bedroom14'3" x 10'11"
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$109,740
Estimated Monthly Payment
$2,696
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,696/mo (20% down, 5.5%)
Taxes: $397/mo · Insurance: $137/mo
Maint: $1,086/mo
Estimates only. Consult a financial advisor.
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