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Listed 14 days ago

1525 Cunningham Crescent

Rural Severn, Severn

$849,900

Detached|Bungalow
3 | 1 | 4
About this home

Escape to the peaceful shores of Lake Couchiching with this charming, move-in ready waterfront cottage at 1525 Cunningham Crescent, just minutes from Orillia. Offering 78 feet of beautiful waterfront, this well-maintained, winterized cottage is the perfect four-season retreat or year-round home.Inside, you'll find a bright and inviting interior featuring 3 comfortable bedrooms and 1 full bathroom, with a neat and tidy layout that's ready to enjoy from day one. Step outside onto the new (2026) partially wraparound deck, an ideal space to enjoy your morning coffee, entertain family and friends, or simply soak in the peaceful waterfront setting. A durable metal roof provides lasting peace of mind, while the picturesque shoreline invites endless days of boating, swimming, fishing, and relaxing by the lake.Perfectly situated close to scenic walking and snowmobile trails, nature, shopping, restaurants, and all the amenities of Orillia, this property offers the best of both worlds-tranquil waterfront living with everyday convenience. Whether you're looking for a family cottage, a year-round home, or a weekend escape, this Lake Couchiching gem is ready for you to enjoy in every season.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,609
Lot Size78 ft x 196.5 ft
mls© NumberS13638184
Listed ByRE/MAX RIGHT MOVE

Listing History

  • No recent sale history for this listing.
  • 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%
$4,350
Property tax
$301
Heat allowance
$150
Housing costs
$4,801 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

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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