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Rural Severn, Severn
$1,149,000
Top 5 Reasons You Will Love This Home: 1) Four bedroom, 1.5 bathroom four-season bungalow nestled along the highly sought-after west shores of Lake Couchiching on the scenic Trent-Severn Waterway, offering a bright open-concept layout and breathtaking lake views, delivering year-round comfort and unforgettable waterfront living 2) Expansive waterfront property boasting approximately 80' of pristine shoreline, highlighted by a rare sandy beach with a shallow, gradual entry, creating the perfect setting for swimming, family fun, and making lasting memories at the water's edge 3) Beautifully maintained cedar home offering nearly 1,500 square feet of comfortable living space, enhanced by durable vinyl siding, a dramatic vaulted living room, and a welcoming wood-burning fireplace with a Napoleon insert that creates a warm and inviting atmosphere 4) Packed with exceptional value and functionality, the property features a brand-new roof on both the home and detached garage (2026), an upgraded 200-amp electrical panel (2023), a drilled well with a heated water line and UV water filtration system, and updated attic insulation (2020), while a charming waterfront bunkie with hydro and a lakeside bedroom provides additional space for guests, complemented by a spacious L-shaped dock ideal for boating and swimming and a detached garage/workshop offering generous additional storage space 5) Located minutes from Orillia, Millennium Trail, and Orillia Soldiers' Memorial Hospital, with nearby golf and ski options, this Severn Township property provides reasonable taxes and an exceptional lifestyle in a highly desirable waterfront community. 1,439 fin.sq.ft.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,685 |
| Lot Size | 79.31 ft x 202 ft |
| mls© Number | S13649480 |
| Listed By | FARIS TEAM REAL ESTATE BROKERAGE |
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%
- $5,881
- Property tax
- $390
- Heat allowance
- $150
- Housing costs
- $6,422 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$198,000
gross annual household income
- Payment at 4%
- $4,835 / mo
- Cash down
- $229,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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