Residentiae.
For Sale · Toronto

311 - 140 CEDAR ISLAND ROAD

Toronto · L3V1T1

$648,700

2Bedrooms
2Bathrooms
1Parking
1,200Sq Ft

About this residence

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, 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:61366)

Property details

Property type
Single Family
Style
Apartment
Ownership
Condo/Strata
Bedrooms
2 (2 above)
Bathrooms
2
Living area
1,200–1,399 sq ft
Parking
1 spaces
Fireplace
1
Annual tax
$4,761
Association fee
$1,086
MLS®
S13120086
Board
Toronto
Status
Active
Listed
May 13, 2026
Updated
Jul 12, 2026

Room dimensions

RoomLevelDimensions
FoyerMain level3.57 × 2.16 m
Laundry roomMain level2.95 × 2.32 m
Bedroom 2Main level3.9 × 2.6 m
Primary BedroomMain level4.34 × 3.34 m
KitchenMain level4.59 × 3.25 m
Dining roomMain level3.85 × 2.39 m
Living roomMain level4.62 × 4.08 m

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove
  • Garage door opener remote(s)

Flooring

  • Carpeted
  • Laminate
  • Ceramic

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Exterior

  • Stucco

Parking

  • Garage
  • Underground

Lot

  • Balcony
  • In suite Laundry

Community

  • Pets Allowed With Restrictions

Views

  • Lake view

Financing

Mortgage calculator

Estimated monthly payment

$3,034/mo

Amortization

Loan amount

$518,960

Down payment

$129,740

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · L3V
48,651
Population
48
Median age
$77,500
Median income
$600,000
Median home value
70%
Home ownership
24 min
Avg. commute

Age distribution

0–14
14%
15–24
10%
25–44
23%
45–64
27%
65+
25%

Tenure

70% owners30% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 311 - 140 CEDAR ISLAND ROAD?

311 - 140 CEDAR ISLAND ROAD is listed for $648,700, in Toronto.

How many bedrooms and bathrooms does 311 - 140 CEDAR ISLAND ROAD have?

It offers 2 bedrooms and 2 bathrooms.

What type of home is 311 - 140 CEDAR ISLAND ROAD?

311 - 140 CEDAR ISLAND ROAD is a Single Family, Apartment.

How large is 311 - 140 CEDAR ISLAND ROAD?

The home offers approximately 1,200–1,399 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,034. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $4,761 per year.

Is there parking?

Yes — 311 - 140 CEDAR ISLAND ROAD includes 1 parking space.

What is the Toronto area like?

Toronto has a population of about 48,651, a median age of 48, a 70% home-ownership rate, with an average commute of about 24 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $77,500.

Private viewings

Arrange a private viewing of 311 - 140 CEDAR ISLAND ROAD.

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