5 Severn River 406, Muskoka Lakes

$729,000
5 Severn River 406

$729,000

New
32d
DetachedBungalow-Raised

5 Severn River 406, Muskoka Lakes

Total Monthly Obligation $3,495

Beds
3
Baths
1
Park
0
Sqft
700-1100
DOM
32d
Property Type-Detached
MLS® Number-X13811196
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-323 × 622 ft
Listed on site-Sep 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$2,148 (2025)
Parking-None
Basement-Unfinished
Heating-Other (Electric)
Brokerage-Revel Realty Inc
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-West
Exterior-Wood
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Wood (Muskoka Lakes)
Title-Residential Freehold

No agent assigned

**Water Access Only** Escape to your own private retreat in Severn Falls. This turn-key 3-bedroom, 1-bathroom cottage is set on nearly 5 acres of peaceful wilderness, offering the perfect blend of relaxation, recreation, and privacy.Enjoy true water access living with over 300 feet of shoreline and your own private dock, ideal for boating, swimming, and soaking up long summer days. Located just minutes from the town dock, you'll have convenient access to local restaurants, groceries, and ice cream without the long boat ride.Surrounded by nature, the property features nearby trails to explore, a firepit for evenings under the stars, and an expansive front deck that's perfect for unwinding or entertaining.Previously operated as a desirable short-term rental, this property offers excellent income potential for those looking to generate revenue when not in personal use.Whether you're searching for a family getaway, a peaceful escape, or an investment opportunity, this cottage delivers. Possible Vendor Take Back

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Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$3,495/mo
Mortgage $2,941
Monthly Loss $2,721
Principal$774
Interest$2,167
Property Tax$179
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 5 Severn River 406

Time

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