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3338 Cox Drive, Severn, ON L0K 2B0

3+2 beds · 2 baths · 1 kitchen · 6+6 rooms · 2 parking spaces · 1100-1500 sq ft · Laundry on the main level level · Detached
$738,000
Property tax
$3,130 / year

Wake up on the water at 3338 Cox Drive, a fully renovated, move-in ready retreat on beautiful Lake St. George in Severn Township. Set on a premium western-facing lot with calm, swimmable shoreline and postcard-worthy sunsets, this 3+2 bedroom, 1.5 bath detached home with a fully finished basement offers true turnkey waterfront living. Inside, a stunning brand new kitchen with modern cabinetry, sleek countertops, and all new appliances opens into bright, open-concept living and dining spaces designed for entertaining. The home also features fully updated bathrooms and a newly added laundry room, blending modern comfort with relaxed cottage living. Extensive upgrades go far beyond the cosmetic, including a brand new veranda, shingles, eavestroughs, soffits, propane tank, central air conditioning, and a furnace replaced within the last five years-providing long-term confidence and low maintenance ownership. Step outside to newly completed landscaping that frames multiple outdoor living spaces, perfect for everything from quiet morning coffees to sunset gatherings overlooking the lake. Enjoy easy, gentle water entry ideal for swimming, boating, paddleboarding, and excellent fishing. Located just 5 minutes from Highway 11, you are 15 minutes to Orillia, 30 minutes to Muskoka, 40 minutes to Barrie, and approximately 90 minutes from Toronto-offering both convenience and escape. Whether you are looking for a full-time residence, a four-season cottage, or a high-performing investment, this property checks every box-with strong short-term rental potential supported by pro forma projections, making it an ideal opportunity to generate income while enjoying waterfront ownership.

MLS number
S13696346
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
2
Postal code
L0K 2B0
Photos
49
Laundry
Main Level level
23days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 7 times.

Sale history is for registered usersSee what this address sold for and when, across all 7 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Rural Severn — 148 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$574k$801k$1.03M20252026this home’s asking price
$803klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
90%95%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d21d42d20252026
25dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in rural severn. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 525 people.

$86,000Median household income
92.7%Own their home
95.9%Detached houses
59.2Median age
13%Born outside Canada
22.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440251 — the few blocks around this address, home to 525 people. It describes the area, not this property.

525Population
52.8Average age
2.1Household size
$105,000Average household income
$86,000Median household income
93%Own their home
7%Rent
0%Condominiums
13%Born outside Canada
22%University degree
$785,000Average home value
7%Low income
70%Not in the labour force
20%Never married
Under $5,0002%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over28%
$100,000 to $124,9999%
$125,000 to $149,9993%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 325 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$147,600 · minimum here is $48,800
$3,267.70per month
Borrowed before insurance$590,400
Total borrowed$590,400
Interest over 25 years at 4.5%$389,911

If you rented it out

-$3,528.54per month out of pocket
Rent$0.00
Everything it costs to hold$3,528.54
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CV Real Estate. Listing data provided by the Toronto Regional Real Estate Board.