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Elgin Bay Club

140 Cedar Island Rd, Orillia, ON L3V 1T1

Elgin Bay Club, at 140 Cedar Island Rd, is a condo building in Orillia, Ontario. It was built in 2005, has 54 residential units and stands 4 storeys tall.

Orillia
Year Built
2005
Units
54
Floors
4
Building Type
Low-rise apartment condo

Market Overview

Avg Sold Price
$663,833
Median Sold
$755,000
Price Range
$436,500 – $800,000
Avg $/SqFt
$440
Sales (2yr)
3
Active Listings
5
Avg List Price
$629,679
Avg Days on Market
89

Last sale: Jul 30, 2026

Condo Fees

Avg Monthly Fee
$1,177
Median Fee
$1,086
Avg $/SqFt
$0.8
Units w/ Fee Data
11
Fee IncludesWater, building insurance

Building Features

ExteriorStucco/Plaster
AmenitiesParty/Meeting Room, Community BBQ, Elevator, Rooftop Deck/Garden, Visitor Parking, Communal Waterfront Area, Concierge, Private Marina
Building TypeLow-rise apartment condo
Floors4 storeys
Year Built2005

Policies

Pet PolicyAllowed with restrictions

Known Issues & Notes

Repairs/Projects

Roof and exterior stucco recently upgraded; engineered hardwood flooring installed in 2025 in some units.

Management

Management CompanyFirstService Residential Ontario

About This Building

Elgin Bay Club is a low-rise waterfront condominium community in Orillia, located at 140 Cedar Island Road and completed in 2005. The four-storey building offers a mix of one- to three-bedroom units averaging around 1,500 square feet. Recent sales have averaged approximately $665,000, with rents around $4,500 per month and condo fees averaging roughly $1,177 monthly, or $0.80 per square foot. The building sits directly on Lake Couchiching with access to waterfront trails, a private marina, rooftop terrace, and heated underground parking. Proximity to downtown Orillia shops, restaurants, and recreational facilities enhances the lifestyle appeal. Before committing to purchase, retain a professional to review the condo documents, including the reserve fund study, financial statements, board minutes, and by-laws.

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