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    for sale
    1 Day on Strata
    Est Sell Timeframe:
    17 Days

    401 - 140 Cedar Island Rd

    $1,149,000
    2 Beds
    3 Bath
    2 Parking
    2,200 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,484/mth
    Taxes:
    $8,844 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $522/sqft
    Outdoor Space:
    Terrace
    Locker:
    Exclusive
    Possession Date:
    Now
    Exposure:
    North

    Amenities

    BBQs Allowed
    Elevator
    Communal Waterfront Area
    Rooftop Deck
    Party Room
    Shared Dock

    About this Listing

    2,208 SQ FT PENTHOUSE WITH MASSIVE ROOFTOP TERRACE, PRIVATE BALCONY, 2 PARKING SPOTS, LAKE VIEWS & RARE PRIVATE DOCK SLIP! Here's 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 Club's 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!

    ExtrasDishwasher, Dryer, Refrigerator, Stove, Washer, Built-In Oven.

    re/max hallmark peggy hill group realtyMLS® #S12567242

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Foyer
    8.33 x 7.58ft
    Tile Floor
    Kitchen
    17.65 x 11.16ft
    Granite Counter, Pantry, Galley Kitchen
    Living
    25.1 x 27.17ft
    Combined with Dining, Walkout To Balcony, Fireplace
    Primary
    17.59 x 18.93ft
    Walk-in Closet, 4 Piece Ensuite, Carpet
    2nd Bedroom
    18.41 x 18.34ft
    Vinyl Floor
    Other
    9.09 x 12.24ft
    Carpet
    Living
    18.41 x 13.91ft
    Walkout To Balcony, Carpet

    Building Spotlight

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    Days on Strata

    Units at Elgin Bay Club spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Orillia

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 36 condos in the Orillia area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Elgin Bay Club offers the
    ?
    N/A
    best value out of 36 condos in the Orillia neighbourhood

    Appreciation Rank

    Elgin Bay Club has the
    ?
    N/A
    highest ROI out of 36 condos in the Orillia neighbourhood

    Rental Yield

    Elgin Bay Club yields the
    ?
    N/A
    highest rent prices out of 36 condos in the Orillia neighbourhood

    High Demand

    Elgin Bay Club is the
    ?
    N/A
    most popular building out of 36 condos in the Orillia neighbourhood

    Market Insights

    Transaction Insights at Elgin Bay Club

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability368 DaysNo Data527 DaysNo Data856 DaysNo Data
    Ratio of Units in Building15%4%52%4%19%8%

    Market Inventory

    Total number of units listed and sold in Orillia