With Orillia being on the shores of 2 lakes, there's plenty of lakefront property within the city limits. Also there are 4 canals in Orillia that offer waterfront location in a residential setting. This gives you many opportunities to find a home with your boat only as far away as your backdoor. If you're not into city living, there is plenty of lakefront property just minutes from Orillia.

Maybe you're looking for a summer getaway. Buy a cottage on one of the four islands nearby. With Grape Island on Lake Simcoe and Horseshoe, Heron and Garnet Islands on Lake Couchiching you should be able to find something to your liking. That is, if anyone is silly enough to sell.