107 days on Market

38 SR405 SEVERN RIVER, Muskoka Lakes, Ontario L0K 1E0

Detached
4
2
~1500-2000 sqft
$899,000
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Detached
4
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$524/sqft

Est. Mortgage$3,861/mo

Tax Amount (2024)$2,975/yr

Days On Market107 days


Description

*BOAT ACCESS ONLY* Welcome to this stunning Severn River property! This incredible waterfront gem is situated on the Trent Severn Waterway and boasts breathtaking southwest-facing views across the river. This property features a spacious main cottage with 2 bedrooms, a 3-piece bathroom, laundry, and an open concept vaulted-ceiling living room with wood stove and kitchen with island, making it the perfect gathering spot for large families or groups of friends. And when it cools off, the sunroom provides a cozy retreat where you can unwind and enjoy time with family. Just off the kitchen, there is a solarium overlooking the bay, where you can start your day and soak up the tranquillity of your surroundings. The guest cabin is outfitted with a bedroom and loft, each with 2 beds and another 3-piece bathroom. The spacious deck area creates a gathering spot for family and community, while a large enclosed outdoor room on the deck provides plenty of additional space for outdoor relaxation and entertaining. With 265 feet of water frontage and 2.95 acres of land, this property offers plenty of room to explore, swim off the dock or soak up the sun. For those who enjoy exploring, this property also features a quiet bay to discover - a peaceful oasis where you can escape from the hustle and bustle of everyday life. Enjoy evenings spent around the fire pit enjoying s'mores. The family handyman will love the large workshop with ample storage space to tinker away at projects. Whether you're a DIY enthusiast or a professional tradesperson, this workshop has plenty of items to get the job done. This quiet area of the river is perfect for those seeking a serene escape, yet it is still conveniently located near amenities such as golf courses, shopping, skiing, trails, and the Big Chute Marine Railway. Just a quick 5-minute ride from the marina. Don't miss out on the opportunity to own this piece of paradise on the Severn River - schedule a viewing today!


Property Details

StyleBungalow
ViewRiver, Bay, Trees/Woods
Age of property31-50
SqFt~1500-2000 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX11976375
Community NameSevern
Data SourceTRREB
Listing bySotheby's International Realty Canada

Features

Heating: Baseboard
Cooling: Wall Unit
Fireplace
Basement: W/O, Unfinished

Main Floor

Primary

5.28 x 3.25

Semi Ensuite

Bathroom

3.71 x 2.03

Vinyl Floor / 3 Pc Bath / Vinyl Floor

Br

3.02 x 2.24

Wood Floor

Laundry

1.42 x 0.97

Vinyl Floor / Vinyl Floor


Property History

Feb 18, 2025
ListedActive
$899,000
107 days on market
history photo preview40
Listing by trreb®
Property listed by Sotheby's International Realty Canada, Brokerage

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Market Data - Severn

Geo Zone Map ThumbnailSevern

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

32 days

Compared to

2024

27 days

2023

21 days

2022

14 days

New Listings

Past 30 days

86 listings

Compared to

2024

111 listings

2023

100 listings

2022

84 listings

Units sold

Past 30 days

20 units

Compared to

2024

31 units

2023

29 units

2022

40 units

Median Sold Price

Past 30 days

$775,000

Compared to

2024

$850,000

2023

$869,900

2022

$712,500


Population and Demographics

Overview

Total population 14416
Average household income $123,611

Age (%)

50 to 64
26%
65 and plus
24%
0 to 19
19%
35 to 49
16%
20 to 34
15%

Household composition (%)

Single family
72%
Single person
24%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%
French
1%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget