140 Cedar Island Road Unit #401

About This Property

Why rent a cottage for just two weeks, when you can have a spectacular, waterfront lifestyle ALL YEAR LONG? Only 90 minutes north of Toronto! Welcome to the Elgin Bay Club, at the Port of Orillia on beautiful Lake Couchiching. With high ceilings, large windows and 2,200+ sq ft of living space, this exceptional 3-bedroom, 3-bath penthouse condo offers unbeatable luxury, space, and convenience-all in one of Central Ontario's most sought-after waterfront communities. For both everyday living and entertaining, the expansive, open-concept living/dining room is cozy, but also large enough for family gatherings-with a gas fireplace, incredible natural light, and views in three directions. Walk out to the oversized balcony-perfect for morning coffee or evening wine. The spacious, eat-in kitchen includes built-in appliances, generous storage, a walk-in pantry and ensuite laundry. The primary suite is a private retreat with large walk-in closet, ensuite with whirlpool tub, and ample space for a sitting area. The second bedroom features its own ensuite, while the third bedroom and two-piece bath provide flexibility for guests, a den, or home office. Upstairs, a versatile loft leads to a stunning 1,360 sq ft private rooftop terrace with panoramic views of Lake Couchiching, the Orillia waterfront, yacht basin and city skyline. With water and gas hookups, it's ideal for entertaining, gardening or relaxing. Enjoy your own private boat slip, shared dock for swimming and fishing, and storage for kayaks or canoes. Adjacent to Couchiching Beach Park, the Port of Orillia, and the Millennium Trail, plus easy access to the Trans Canada Trail system. Located just steps from Orillia's charming downtown core, you're an easy walk to shopping, dining, LCBO, Shoppers Drug Mart, and the Orillia Recreation Centre. Includes two parking spaces (one underground with locker, one aboveground). A rare opportunity to enjoy luxurious, maintenance-free waterfront living in an unbeatable location.