1654 Viking Marina Road, Severn

$399,999
1654 Viking Marina Road

$399,999

Price Change
100d
Detached1 Storey/Apt

1654 Viking Marina Road, Severn

Total Monthly Obligation $1,954

Beds
2
Baths
1
Park
3
Sqft
< 700
DOM
100d
Score
27
Yield
6.6%
Cash on Cash
4.7%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.7%
Property Type-Detached
MLS® Number-S13582598
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-50 × 468 ft
Listed on site-Jul 15, 2026
Style-1 Storey/Apt
Building Type-Detached
Age-51-99
Taxes-$1,692 (2025)
Parking-3 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-Royal LePage Quest
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Metal
Foundation-Unknown
Sewer-Septic
Possession-Immediate Possession Availablee
Neighbourhood-Fesserton
Title-Residential Freehold

No agent assigned

Enjoy this fully finished 2-bedroom, 1-bathroom home on the shores of beautiful Matchedash Bay. Inside, you'll find a comfortable, inviting home with a fantastic living room and a layout that makes the most of the space. With one-floor living and a fully finished interior, this home is an excellent option for first-time buyers or downsizers looking for something comfortable and easy to maintain. Enjoy privacy, very few neighbours, and easy access to the Trans Canada Trail for hiking and biking. Matchedash Bay is also known for its excellent fishing. Located just 5 minutes from Coldwater and approximately 20 minutes from Orillia, you'll enjoy a peaceful setting without being far from everyday amenities. If you're looking for a fully finished home with a great living space, one-floor living, privacy, and a peaceful setting, this is the perfect place to call home.

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,999
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,129/mo
Mortgage $1,613
Monthly Loss $1,705
Principal$425
Interest$1,189
Property Tax$141
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.0%65
10-Year IRR
13.8%
Returns Index
34.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,400/yr
NOI
$17,568/yr
Net Cash Flow
-$149/mo
Cash Margin
-6.8%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
38.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1654 Viking Marina Road

Time

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