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15SR405 SEVERN RIVER SHORE, Muskoka Lakes, ON L0K 1E0

4 beds · 2 baths · 2 kitchens · 11 rooms · 1100-1500 sq ft · Laundry on the main level level · Detached
$649,000
Property tax
$2,060 / year

WOW - 2 FOR THE PRICE OF 1 COTTAGE ON THE TRENT SYSTEM IN A PRIVATE BAY! Discover this incredible opportunity in the sought-after Wood Bay on the Trent-Severn Waterway. Perfect for big boating and unforgettable family getaways, this unique boat-access-only property (no road access) features two charming cottages and two boathouses, offering plenty of space for family and friends.Together, the cottages comfortably accommodate up to 11 guests. The main cottage features two bedrooms, a 3-piece bathroom, main floor laundry, and a spacious mudroom that can easily accommodate an additional bed. The kitchen and dining area overlook the water, showcasing a truly million-dollar view, while the living room offers a convenient walk-out to the outdoors. On cooler mornings, enjoy the cozy wood stove, and in the evenings relax with a coffee or glass of wine while taking in the stunning sunsets.The second cottage comfortably sleeps up to seven and offers an open-concept kitchen, dining, and living area, a 3-piece bathroom, and a welcoming foyer with storage. Step outside onto the deck with walk-out access, perfect for enjoying the peaceful waterfront surroundings.Additional features include a generator panel, two boathouses with boat lifts, and a large detached shop/storage building, making cottage life both convenient and enjoyable. Take advantage of deep water swimming right off the dock, and enjoy year-round recreation with OFSC Trail 10 running right by the property. Lovingly enjoyed for years by the current owners with family and friends, this property offers the perfect setting to create lasting memories.This is truly a must-see property to appreciate everything it has to offer. Call today to book your personal viewing!

MLS number
X12946922
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
L0K 1E0
Photos
45
Laundry
Main Level level
165days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Muskoka Lakes — 331 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$629k$1.16M$1.68M20252026this home’s asking price
$1.11Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%97%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d26d53d20252026
20dlatest 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 muskoka lakes. 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 703 people.

$78,500Median household income
92.9%Own their home
100%Detached houses
62.4Median age
14.4%Born outside Canada
41.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440256 — the few blocks around this address, home to 703 people. It describes the area, not this property.

703Population
57.2Average age
1.8Household size
$136,000Average household income
$78,500Median household income
93%Own their home
7%Rent
0%Condominiums
14%Born outside Canada
42%University degree
$950,000Average home value
12%Low income
13%Never married
Under $5,0001%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over28%
$100,000 to $124,9995%
$125,000 to $149,9994%
$150,000 to $199,99910%
$200,000 and over10%

Percentages are of the 525 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.

$129,800 · minimum here is $39,900
$2,873.63per month
Borrowed before insurance$519,200
Total borrowed$519,200
Interest over 25 years at 4.5%$342,889

If you rented it out

-$3,045.30per month out of pocket
Rent$0.00
Everything it costs to hold$3,045.30
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 Re/Max Georgian Bay Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.