Re-listed 2 days ago

5 Severn River 406 N/A, Muskoka Lakes, Ontario L0K 1E0

Detached
3
1
~700-1100 sqft
$•••,•••
$789,900
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Detached
3
1
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$923/sqft

Est. Mortgage$3,392/mo

Tax Amount (2024)$2,053/yr

Days On Market2 days

Total Days On Market27 days


Description

**Water Access** Get ready for fun and relaxation at your own private hideaway in Severn Falls! This turn key 3-bedroom, 1- bathroom family cottage sits on nearly 5 acres of peaceful wilderness. Experience the serenity of water access only living, boasting over 300ft of water frontage and a personal dock for effortless boating and swimming adventures. No more lengthy boat rides - the town dock is just moments away where you can find restaurants, groceries, and icecream! Plus, there are plenty of trails for exploring nature right in your backyard! Gather around the firepit for marshmallow roasting and stargazing nights under the trees. Step onto the expansive front deck providing the perfect spot to unwind and soak in the surroundings. Don't forget that this cottage is a successful airBnB destination! Currently being rented out between $425 and $525 per night. Don't wait to move in this summer and start making unforgettable memories with your family and earning some extra income!


Property Details

StyleBungalow-Raised
ViewWater
Age of property31-50
SqFt~700-1100 SqFt
Lot Size200,906 SqFt(622 x 323)
Parking Spaces-
MLS ®NumberX12096521
Community NameMuskoka Lakes
Data SourceTRREB
Listing byRevel Realty Inc

Features

Heating: Other
Cooling: Wall Unit
Fireplace
Basement: Unfinished

Main Floor

Bathroom

1.88 x 2.31

3 Pc Bath

Laundry

4.29 x 3.01

Br

4.66 x 3.38

2nd Br

3.41 x 2.65


Features

Lot size: 200,906 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
2 days on market
history photo preview33
Listing by trreb®
Property listed by Revel Realty Inc, Brokerage
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Market Data - Muskoka Lakes

Geo Zone Map ThumbnailMuskoka Lakes

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

60 days

Compared to

2024

35 days

2023

27 days

2022

12 days

New Listings

Past 30 days

32 listings

Compared to

2024

100 listings

2023

38 listings

2022

26 listings

Units sold

Past 30 days

8 units

Compared to

2024

19 units

2023

11 units

2022

18 units

Median Sold Price

Past 30 days

$1,650,000

Compared to

2024

$810,000

2023

$1,175,000

2022

$966,251


Population and Demographics

Overview

Total population 7424
Average household income $156,060

Age (%)

65 and plus
31%
50 to 64
28%
35 to 49
14%
0 to 19
14%
20 to 34
14%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
91%
Renters
9%

Schools and amenities

Estimated Budget