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Rural Severn, Severn
$849,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,609 |
| Lot Size | 78 ft x 196.5 ft |
| mls© Number | S13638184 |
| Listed By | RE/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.
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 checkInvestment Analysis
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