Real Estate

$1.5 million for a cottage compound on Lake Simcoe with 6 dwellings and 233 feet of waterfront

45 Ivy Lane, Orillia, Ont.

Lake: Lake Simcoe

Bedrooms: 5

Bathrooms: 4

Lot size: 1.2 acres

List price: $1,495,000

Date listed: July 7, 2025

Realtor: Amanda Griffis and Heather Hadden

This sprawling property on Grape Island is a short boat ride away from Orillia. The five-bedroom, five-bathroom compound sits on 233 feet of Lake Simcoe waterfront on a 1.2-acre double lot. The main cottage is airy and modern with an open-concept kitchen and panoramic lake views. An updated boathouse is fitted with a spacious bedroom, and the bathroom includes a cedar soaker tub. The property also features three custom shipping containers—two bedrooms and one fitness studio that could be converted into a bedroom—that were transformed into chic additional dwellings. Guests can rest their heads in the glamping yurt that’s just steps from the main cottage. There’s plenty to do on the compound, from relaxing in the barrel sauna, hot tub, on the rooftop deck, by the fire pit, or enjoying the lake on the 50-foot retractable dock. The property—which comes mostly furnished—has a new septic system and a recently installed softener and filtration system. This cottage also comes with a convenient designated parking spot on the mainland for easy access.

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