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$498,700
Orillia
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#311 140 Cedar Island Road, Orillia, Ontario, L3V1T1
This 2-bedroom, 2-bathroom condo in Orillia is for sale offering roughly 1,100 sq ft of space. Listed at $498,700, it is attractively priced about 12% below the $569,000 median asking price in Orillia. It has been on the market 12 days, fresher than the Orillia average of 66 days.
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 1132 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:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 66 days across the listings currently for sale in this city
This 2-bed single family in Orillia has been listed for 12 days, which is 54 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $498,700, about 6.4× the local median household income of $77,500.
Carrying it typically needs a household income of about $97,414 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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Loading rates, 30-yr amortization
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