1136 Severn Lane, Algonquin Highlands

$3,595,000
1136 Severn Lane

$3,595,000

New
33d
DetachedBungalow

1136 Severn Lane, Algonquin Highlands

Total Monthly Obligation $15,436

Beds
3
Baths
3
Park
6
Sqft
2000-2500
DOM
33d
Score
13
Yield
1.1%
Cash on Cash
-17.2%
Cap Rate
0.9%
5Y IRR
2.3%
10Y IRR
4.4%
Property Type-Detached
MLS® Number-X13806958
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-958 × 1479.61 ft
Listed on site-Sep 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,715 (2026)
Parking-6 - None
Basement-Finished with Walk-Out, Walk-Out, Separate Entrance, Finished
Heating-Forced Air (Propane)
Brokerage-Chestnut Park Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-South
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Block, Brick, Concrete Block
Sewer-Septic
Possession-TBD
Neighbourhood-McClintock
Title-Residential Freehold

No agent assigned

Set on 10.52 acres with 958 ft of south-facing shoreline, this custom waterfront home offers exceptional privacy on Oxtongue Lake. Built in 2017 by one of Muskoka's premier builders, this year-round home offers 2,899 sq ft with 3 bedrooms + office. Furnishings are included-bring your suitcase and settle in. Oxtongue is a cold-water trout lake where the MNR has stated the lake is at capacity. Mature forest borders both sides with no immediate neighbours across the lake. Enjoy deep water off the dock, sandy shoreline entry, granite shoreline, wooded trails, lakeside gazebo and 2 dock areas-an east-facing platform for sunrise and south-facing main dock for all-day sun and evening sunset colours. Clear night skies are ideal for stargazing. The great room features 17+ ft vaulted basswood ceilings, hemlock floors and a custom river rock wood-burning fireplace. The kitchen offers 10 ft coffered ceilings, Caesarstone counters, custom backsplash, built-in stainless appliances, microwave drawer, bar fridge, 2 prep sinks, pull-out cabinetry and spice rack, with lake and forest views. The Muskoka room with Weatherwall windows opens to Trex decking with glass railings. Main-floor primary with walk-in closet and ensuite with tile floors, Caesarstone counters and glass shower. Heated granite floors extend through the foyer, powder room and lower mudroom. Two laundry areas add convenience. The walkout lower level offers 2 bedrooms + office, including a bunkbed room with individual lights, 3-piece bath, family room with river rock propane fireplace and direct access to the level waterfront. Outdoor shower, covered wood storage, fabric garage and sound system throughout. Approx. 10 min to Dwight, 30 min to Huntsville, with Algonquin Provincial Park as your neighbour. Ask your agent for the detailed welcome package.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,876,000
Land Transfer Taxes$76,350
Legal Fees (Est.)
$
Total cash required for closing$796,850

Total Monthly Obligation

$15,436/mo
Mortgage $14,501
Monthly Loss $11,620
Principal$3,816
Interest$10,685
Property Tax$560
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.7%7
Cash-on-Cash
-19.2%0
5-Year IRR
0.6%3
10-Year IRR
3.4%
Returns Index
2.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$41,196/yr
NOI
$25,861/yr
Net Cash Flow
-$12,346/mo
Cash Margin
-359.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.151
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
10.9/ 100

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

Comparables

Properties near 1136 Severn Lane

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