3717 Quayside Drive, Severn

$995,000
3717 Quayside Drive

$995,000

New
19d
Detached2-Storey

3717 Quayside Drive, Severn

Total Monthly Obligation $4,871

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
19d
Score
16
Yield
3.8%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-S13860240
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50.85 × 98.4 ft
Listed on site-Oct 4, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,790.18 (2025)
Parking-6 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stucco (Plaster), Concrete
Roof-Flat
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-West Shore
Title-Residential Freehold

No agent assigned

Welcome to modern luxury, the community of Paradise By The Lake is just minutes north of Orillia. This striking 2-story architectural masterpiece offers over 2900 square feet of completely carpet-free living space, perfectly blending contemporary design with multi-generational functionality.Step inside to experience the dramatic impact of soaring ceilings, while the main level features towering panoramic windows, framing views of the private backyard and flooding the home with natural light. The main level centers around a spectacular open-concept chef's kitchen, meticulously designed for seamless entertaining. The second level hosts 4 spacious bedrooms and a unique space perfect for a play area or home office-all while overlooking the backyard greenspace from the expansive towering windows. The comprehensive layout features 5 bathrooms total. The property also includes a fully functional in-law suite equipped with a separate private entrance-perfect for extended family or premium rental potential. Curb appeal is elevated by a beautiful interlocking stone driveway accommodating 4 vehicles, leading to an attached 2-car garage with keypad entry and remote access.The outdoor living spaces are equally impressive. Your private backyard oasis features the perfect sanctuary to unwind after a long day. The property backs directly onto a community playground and soccer field for ultimate convenience. For outdoor enthusiasts, the pristine shores of nearby Lake Couchiching are just minutes away, providing access to swimming, boating, fishing, and scenic walking trails.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$796,000
Land Transfer Taxes$16,375
Legal Fees (Est.)
$
Total cash required for closing$216,875

Total Monthly Obligation

$4,871/mo
Mortgage $4,014
Monthly Loss $3,815
Principal$1,056
Interest$2,957
Property Tax$483
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,656/yr
NOI
$23,600/yr
Net Cash Flow
-$2,047/mo
Cash Margin
-65.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.9/ 100

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

Comparables

Properties near 3717 Quayside 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.

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Data last updated within the past 24 hours.