165 Cedar Island RD, Orillia, ON L3V 1S9
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165 Cedar Island RD, Orillia, ON L3V 1S9
165 Cedar Island RD, Orillia, ON L3V 1S9
165 Cedar Island RD, Orillia, ON L3V 1S9
165 Cedar Island RD, Orillia, ON L3V 1S9
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$ 525,000
Est. payment /mo
New

165 Cedar Island RD Orillia, ON L3V 1S9

4 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Orillia

MLS Listing ID S13584890

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $3,749

Tax Year 2025

Property Sub-Type Duplex

Property Description

Welcome Home To 165 Cedar Island Road, This fantastic legal non conforming 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 upper-level unit features a bright one-bedroom layout complete with its own private laundry, spacious deck, and comfortable living space. The lower-level unit offers an expansive two-bedroom floor plan with two separate living areas, private laundry, and excellent flexibility for tenants, extended family, or multigenerational living. 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 (2024), and a brand-new roof completed in (2026), Outside, you'll enjoy an expansive upper-level deck that 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.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Central Vacuum

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Available, Private

Garage Spaces 2.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 61.85

Lot Depth 140.0

Total Parking Spaces 7

Building

Building Age 51-99

Unit Features Beach,Hospital,Lake Access,Lake/Pond,Level,Library

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://www.youtube.com/shorts/hweTsqIaOjM


Listed by RE/MAX HALLMARK CHAY REALTY
Melissa Dietrich

Melissa Dietrich

Agent | License ID: 5002016

+1(705) 794-7424

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165 Cedar Island RD