Sold for:Sold Aug 6, 2026
$525,000

165 Cedar Island Road

Orillia, ON L3V 1S9

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 165 Cedar Island Road, Orillia

2026-07-20
2026-08-06
Sold
Price
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MLS#
s13584890

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 165 Cedar Island Road, Orillia

Summarized Description

  • Legal duplex with income potential
  • Updated kitchen and renovated bathrooms
  • Expansive deck with lake views
  • Future expansion opportunities available
  • Located steps from the lake
  • Close to downtown and amenities
  • Beautiful perennial gardens enhance outdoor space
  • Versatile layout for multi-generational living

Welcome Home To 165 Cedar Island Road, This fantastic legal duplex offers exceptional flexibility, income potential, and room to grow. Ideally located just steps from the lake, scenic waterfront trails, downtown, shops, restaurants, parks, and everyday amenities, it's a property that combines lifestyle with long-term opportunity. Currently configured as a legal duplex, the home could also be converted back into a spacious 4 or 5 bedroom single-family residence if desired. Positioned to one side of the lot, the property offers excellent potential for future expansion, including the possibility of an addition, detached garage, garden suite, or even a garage with a garden suite above (subject to municipal approvals). Buyers are encouraged to complete their own due diligence with the City regarding future development possibilities. Thoughtfully updated throughout, the home features all new flooring (2021), a beautifully updated kitchen (2021), renovated bathrooms (2021), a new washer and dryer (2021), and a brand-new roof completed in (2026), Outside, you'll enjoy beautifully established perennial gardens that come alive throughout the summer, while the expansive upper-level deck provides a wonderful space to relax and take in views of the lake. Whether you're searching for a home with rental income, multi-generational living, or future development potential, this unique property offers an exceptional combination of versatility, location, and opportunity.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,749
Land Transfer Tax Fee
$6,975

Rental Items

Rental Equipment
None

Basement Type
Crawl Space

Interior Features

Interior Extras
Central Vacuum
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Hospital, Lake Access, Lake/Pond, Level, Library

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
61.85 ft
Lot Depth
140.00 ft

Inclusions

Inclusions
Existing Fridge x2, Stove x2, Washer & Dryer x2

Exclusions

Exclusions
Tenants Personal Items

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
4
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 3-piece, Main
  • 4-piece, Second

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Front St S / Elgin St / Cedar Island Rd
Directions
Front St S / Elgin St / Cedar Island Rd
Waterfront
None

MLS® number
S13584890
Data source
Toronto Regional Real Estate Board
Status change
2026-08-06
Listed on
2026-07-20
Days on market
17 days
Possession type
60-89 days
Co-op commission
2.5% + HST W/THANKS!
Seller
Listed by
RE/MAX HALLMARK CHAY REALTY

Home Market Value

Current home valuation for 165 Cedar Island Road, Orillia, Orillia, ON. Listed for $525,000

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Estimated Sales Range

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HOMEH Estimate for 165 Cedar Island Road, Orillia

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Orillia, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $25,000 over $500K

Minimum down payment

$27,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$19,887$14,648$12,495$0
=Total mortgage
$517,062$487,148$458,745$420,000
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Payment frequency
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$2,525monthly$2,378monthly$2,240monthly$2,051monthly
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Land Transfer Tax

Provincial

$6,975

Total Land Transfer Tax

$6,975

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