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Listed 1 month ago

2865 Severn River N/A

Rural Severn, Severn

$499,000

Detached|2-Storey
6 | 3 | 0
About this home

SEVERN RIVER - BOAT ACCESS ONLY - If These Walls Could Talk...They would Tell The Story of The Severn River. Approximately Three-Quarters of The Main Lodge extends over The Severn River, creating The Rare Sensation of Living on The Water itself. Few properties Offer an Experience Quite Like it. Built in 1910, Linger Longer Lodge is a Rare Waterfront Retreat on The Severn River, part of The Historic Trent-Severn Waterway. Lovingly owned by the same family for 37 years, This Remarkable Property Blends History, character, and an Unforgettable Boating Lifestyle. Situated on 91 feet of frontage, currently enjoyed along The Severn River, this unique property features The Main Lodge, The Rose Cottage, and The Glen Cottage, creating an exceptional waterfront retreat for family and friends.***The Details***The Main Lodge offers 4 Bedrooms, Kitchen, and Dining Room, a spacious Living Room, 3-piece bath, and a second-floor sitting room overlooking The Severn River. Structural steel reinforcement was added in approximately 1989. New Shingle Roof on Main Lodge in 2025. The Rose Cottage features 1 bedroom, a kitchen, and a 3-piece bath. The Glen Cottage offers 1 bedroom w/a separate 3-piece bath conveniently located just outside. Enjoy a covered Boat Port a waterfront workshop, multiple docks***More Information***Located between The Big Chute Marine Railway (Lock 44) & The Swift Rapids Lock (Lock 43), you'll enjoy front-row views of one of Canada's most celebrated Boating Destinations as Local Boaters and Great Loop cruisers travel between Lake Ontario and Georgian Bay. In The Hamlet of Severn Falls, enjoy nearby marinas for parking & dock, a waterfront restaurant, church, and a welcoming boating community. The property is serviced by a holding tank & grey water systems. The majority of furnishings and contents are included. For over 115 years, Linger Longer Lodge has been part of The Severn River's story. Now it's ready for its next chapter

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,120
Lot Size91.02 ft x 75 ft
mls© NumberS13604700
Listed ByRoyal LePage In Touch Realty

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,554
Property tax
$260
Heat allowance
$150
Housing costs
$2,964 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,800
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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