2807 Lakeside Drive, Severn

$999,998
2807 Lakeside Drive

$999,998

New
22d
DetachedBungalow-Raised

2807 Lakeside Drive, Severn

Total Monthly Obligation $4,852

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
22d
Yield
10.3%
Cash on Cash
22.1%
Cap Rate
9.3%
5Y IRR
33.7%
10Y IRR
30.4%
Property Type-Detached
MLS® Number-S13848008
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-49.98 × 161.52 ft
Listed on site-Oct 1, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,320.7 (2025)
Parking-6 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-West Shore
Title-Residential Freehold

No agent assigned

Welcome to 2807 Lakeside Drive - your perfect lakeside escape in desirable Westshore community! Life is simply better at the lake, and this charming, fully renovated 3-bedroom waterfront home is your ticket to summer fun and year-round relaxation. Sitting on a massive lot with direct waterfront access and a large dock, this property offers endless opportunity! There's plenty of green space for games, lounging, and bonfires, plus a sandy shoreline that's perfect for swimming, paddling, or just soaking up the sun. Step inside to a nearly 2000sq ft, 2-storey home completely renovated in 2014. The spacious main floor offers a family room complete with a wet bar - ideal for entertaining after a day on the water. A main-floor bedroom and stylish 3-piece bath make hosting guests a breeze. Walk out to the patio and take in the breathtaking lake views - your front-row seat to sunny days and starry nights. Upstairs, the open-concept kitchen features quartz countertops and stainless steel appliances. The dining room offers vaulted ceilings, stunning lake views and room for the whole family to gather. Skylights flood the space with natural light, and two walkouts lead to a spacious upper deck perfect for morning coffees or winding down with a glass of wine. The bright and welcoming living room also boasts vaulted ceilings and opens onto the deck, creating seamless indoor-outdoor living. Two additional good-sized bedrooms and a modern 4-piece bathroom complete the upper level. Whether you're swimming, lounging, entertaining, or simply relaxing to the sound of the waves, 2807 Lakeside Drive is the ultimate waterfront retreat. Municipal water, sewers & gas! Don't miss this chance to make unforgettable memories at the lake just in time for summer! Spectacular investment potential! 7 minute walk or 1 minute drive to Severn Shores Public School.

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

Closing Costs

Mortgage Amount
$799,998
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,852/mo
Mortgage $4,034
Monthly Loss $3,791
Principal$1,061
Interest$2,972
Property Tax$443
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 2807 Lakeside Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.