201 Cedar Island Rd is a 3-bedroom, 3-bathroom detached home in Orillia, listed for $2,599,900. It has 2000-2500 sq ft of living space.
1Fully renovated in 2019, the home is bright, open, and full of charm.
2Sitting right on the waters edge, this space has two glass garage doors that open to let the breeze in, plus a sliding patio door.
3Head up the stairs and discover the incredible rooftop patio with glass railings, an outdoor kitchen with BBQ, cozy fire tables, and comfy seating for all.
Tucked along a quiet bay on Lake Couchiching, this stunning waterfront cottage or year-round home offers the peaceful lifestyle you've been dreaming of. Just minutes from downtown Orillia, this property has everything you need for fun, rest, and making lasting memories. Fully renovated in 2019, the home is bright, open, and full of charm. With 3 bedrooms and 4 bathrooms, theres space for family and friends to stay and play. The large windows bring in natural light and give you clear views of the water from many rooms. It's cozy in the winter and a dream in the summer. Step outside and you'll find what really makes this place special - a boathouse like no other. Sitting right on the waters edge, this space has two glass garage doors that open to let the breeze in, plus a sliding patio door. It's perfect for movie nights, games, or just relaxing by the lake. Head up the stairs and discover the incredible rooftop patio with glass railings, an outdoor kitchen with BBQ, cozy fire tables, and comfy seating for all. Whether you're hosting friends or enjoying a quiet evening, its the place to be. The lot is wide, flat, and grassy - great for kids, pets, and outdoor games. There's a waterside fire pit, a long dock for boats and swimming, and even a two-car garage with extra space above for a future bunkie, studio, or gym. Cottage charm. City access. Four-season fun. This is your chance to own something truly special on the lake.
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $1,300 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 201 Cedar Island Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
201 Cedar Island Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S12151443$2,599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 201 Cedar Island Rd Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$12,773
/mo
based on the purchase price of $2,599,900
$519,980 cash
$2,079,920 financed
$1,751,839 total interest
Principal54%$2,079,920
Interest46%$1,751,839
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.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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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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.
Similar homes for sale nearby in Orillia
Other 3–4 bed homes for sale in Orillia around $2.6M.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings273Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with May 5 – Aug 3, 2026: prices down.
Based on 226 sales from Aug 3 – Nov 1, 2026 (153 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 201 Cedar Island Rd
How much is 201 Cedar Island Rd listed for?
201 Cedar Island Rd is listed at $2,599,900 (MLS® S12151443). Summitly updates the price as soon as the MLS® record changes.
Is $2,599,900 a good price for 201 Cedar Island Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above 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
Has the price of 201 Cedar Island Rd changed?
No — 201 Cedar Island Rd is still listed at its original asking price of $2,599,900.
How many bedrooms and bathrooms does 201 Cedar Island Rd have?
201 Cedar Island Rd has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Orillia.
How much would the monthly mortgage be on 201 Cedar Island Rd?
About $12,773 a month — principal and interest on $2,599,900 with 20% down ($519,980), 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.
How does 201 Cedar Island Rd compare with other homes in Orillia?
Its asking price of $2,599,900 is about 359% above the median sold price in Orillia over the last 90 days, $566,389, across 226 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.
Has 201 Cedar Island Rd been sold before?
Summitly has no earlier MLS® sale or lease of 201 Cedar Island Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 201 Cedar Island Rd?
201 Cedar Island Rd is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 201 Cedar Island Rd been on the market?
535 days — 201 Cedar Island Rd was listed on May 15, 2025.
What is the price per square foot of 201 Cedar Island Rd?
About $1,040 to $1,300 per square foot: the asking price of $2,599,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 201 Cedar Island Rd have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 201 Cedar Island Rd have a basement, and is it finished?
The listing describes the basement as: Unfinished.
