The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Perfectly positioned on the beautiful Severn River between Orillia and Gravenhurst, this exceptional waterfront property offers an incredible opportunity with 200 feet of south-facing frontage and a rare double lot setting. With potential to sever the lot (subject to approvals), this property presents outstanding future development possibilities whether you're looking for the ultimate family cottage, investment opportunity, or space to create your dream waterfront retreat. The cottage is ideally situated on the far right side of the property, leaving an expansive amount of usable space for outdoor activities, future additions, garages, bunkies, or whatever best suits your vision. The completely renovated cottage offers easy one-level living with a bright and inviting open-concept layout designed to maximize the stunning river views. The living area features a cozy wood stove, while the dining space overlooks the water, creating the perfect setting for entertaining or relaxing with family and friends. The beautifully updated bathroom showcases a spa-inspired design with a sleek doorless walk-in shower, rain head shower system, designer tile feature wall, open entry, and linear drain for a luxurious modern feel. Offering two well-sized bedrooms, this turnkey property also comes fully furnished, allowing you to immediately start enjoying cottage life. Step outside to the spacious deck, ideal for morning coffees overlooking the river or eveningBBQs in the warm southern sun. Down at the waterfront, the expansive dock provides ample room to dock your boat, lounge in the sun, and fully enjoy everything the Severn River lifestyle has to offer. Ideally located close to Lock 42, Washago, and local snowmobile trails, this property offers year-round enjoyment in every season. Accessible by a year-round municipally maintained road with garbage pickup and high speed internet available. 200 FEET OF WATERFRONT ON THE BEAUTIFUL SEVERN RIVER!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,867/mo
Mortgage (principal + interest)$2,615
Property taxFrom listing: $3,029/yr$252
Minimum $44,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$139,800
Ontario land transfer taxProvincial brackets, no first-time refund$10,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$153,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Gravenhurst has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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