Orillia, ON · · MLS® S14113014Updated
$498,700Est. $2,450/mo mortgage
140 Cedar Island Rd #311 is a 2-bedroom, 2-bathroom condo in Orillia, listed for $498,700. It has 1200-1399 sq ft of living space.
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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.
2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $416 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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21 Matchedash Street
1 bd · 2 ba · Condo
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54 Fittons Road
2 bd · 2 ba · Condo
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354 Atherley Road
2 bd · 2 ba · Condo
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486 Laclie Street
1 bd · 2 ba · Condo
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21 Matchedash Street
2 bd · 2 ba · Condo
Sign in to see photos and details
21 Matchedash Street
1 bd · 2 ba · Condo
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This homeUnit 311 — 140 Cedar Island Road 2 bd · 2 ba · 1,200 sqft | $498,700asking | $416 | — | — |
| 21 Matchedash Street 1 bd · 2 ba · 1,000 sqft | ||||
| 54 Fittons Road 2 bd · 2 ba · 1,000 sqft | ||||
| 354 Atherley Road 2 bd · 2 ba · 1,000 sqft | ||||
| 486 Laclie Street 1 bd · 2 ba · 900 sqft | ||||
| 21 Matchedash Street 2 bd · 2 ba · 1,400 sqft | ||||
| 21 Matchedash Street 1 bd · 2 ba · 1,000 sqft |
1 bd · 2 ba · 1,000 sqft
2 bd · 2 ba · 1,000 sqft
2 bd · 2 ba · 1,000 sqft
1 bd · 2 ba · 900 sqft
2 bd · 2 ba · 1,400 sqft
1 bd · 2 ba · 1,000 sqft
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: CENTURY 21 B.J. ROTH REALTY LTD., BrokerageMLS® S14113014 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 1–2 bed homes for sale in Orillia around $499K.
Homes for sale in Orillia
Every active Orillia MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 236 sales from Jul 25 – Oct 23, 2026 (147 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5 for sale at 140 Cedar Island Rd — plus its sale and lease history.
For sale
For sale
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For sale140 Cedar Island Rd #311 is listed at $498,700 (MLS® S14113014). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 140 Cedar Island Rd #311 is still listed at its original asking price of $498,700.
140 Cedar Island Rd #311 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Orillia.
About $2,450 a month — principal and interest on $498,700 with 20% down ($99,740), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Yes — Sunday, October 25, 10:00 AM – 12:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
Its asking price of $498,700 is about 12% below the median sold price in Orillia over the last 90 days, $565,000, across 236 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 140 Cedar Island Rd #311 on record from the last two years. Older records aren't shown under TRREB rules.
140 Cedar Island Rd #311 is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
140 Cedar Island Rd #311 was listed today (October 23, 2026).
About $356 to $416 per square foot: the asking price of $498,700 over the 1,200–1,399 sq ft the listing gives as its size range.
Yes — the listing gives 1 parking space. Garage: Yes.
