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$797K · 2 bed Condo Apartment · Unit 109, 140 Cedar Island Road, Orillia, Ontario L3V 1T1 | HomeSearchCanada

$797,000

Unit 109

75 DOM

2275d

Map

DOM 75

Motivated SellerWaterfront

$797,000

Motivated Seller

DOM75days

Unit 109

140 Cedar Island Road · Orillia · Ontario L3V 1T1

MLS® S13096702 · Orillia · L3V 1T1

22Vacant1400-1599 ft²Condo Apartment1-car AttachedNo basement75d$532/ft²$6,077 tax/yrBuilt 200323 yrs oldNo basement

75 days on market

About this home

Welcome to sought-after Elgin Bay Club in Orillia - where effortless lakeside living meets comfort, space, and convenience. This beautifully appointed main-floor condo offers approximately 1,600 sq ft of bright, well-designed living space with direct panoramic views of Lake Couchiching and easy water access for a true waterfront lifestyle.Featuring 2 spacious bedrooms plus a versatile den and 2 full bathrooms, this unit is ideal for those seeking room to relax, entertain, or work from home. The…

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Property details

MLS#: S13096702
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1400-1599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: 2003

Occupancy: Vacant
Washrooms: 4 pc · Main; 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Beach, Clear View, Lake/Pond, Park, Waterfront, Marina

Fireplaces: 1

View: Water

Waterfront: Yes
Water view: Direct
Water body: Lake Couchiching
Shoreline: Mixed
Waterfront features: Trent System, Dock, Boat Slip

Condo corp #: 292
Balcony: Open
Locker: Owned
Fees include: Parking Included, Building Insurance Included, Common Elements Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Exterior: Stucco (Plaster) · Patio, Year Round Living
Fronting on: —
Cross street: Front St S/Elgin St
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage
Parking features: Underground, Reserved/Assigned, Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX RIGHT MOVE

Source: TRREB/PROPTX · MLS® S13096702

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$797K

Unit 109 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $797,000✓ $6,077 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,376/mo

incl. closing costs (yr 1)

Annual total

$88,513

year 1

Mortgage only

$3,024/mo

principal + interest

Beyond mortgage

$2,860/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$159,400

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$506/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,500 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,970/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$105/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,415

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $36,283/yr

Property taxes21% $18,492/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $7,970/yr

Condo fees17% $15,108/yr

Closing costs6% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$36,283	$3,024/mo
Government & taxes
Property tax	$6,077	$506/mo
Land transfer tax(closing)	$12,415	$1,035/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,970	$664/mo
Condo fees
Condo / HOA fees	$15,108	$1,259/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$88,513	$7,376/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 109

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs