Calling all boaters and cottage lovers! 1123 Severn River Road offers something increasingly hard to find on the Trent-Severn Waterway: a rare double boathouse complete with its own boat-house bunkie that sleeps up to four, plus a second detached bunkie with two bedrooms and a 2-piece bath - total sleeping space for a full crew across three separate structures, all before you even step into the two-bedroom cottage itself. Set on 105 feet of deep, clean, soft-bottom shoreline with direct boat access to Sparrow Lake, and beyond that Georgian Bay, Lake Couchiching, and Lake Simcoe, this is a genuine boater's basecamp just 20 minutes north of Orillia and about 1.5 hours from the GTA.The two-bedroom cottage keeps things simple and cozy, with a wood-stove living area, dining room, screened porch, and an eat-in kitchen with pantry. The current owners have already invested in shoreline reinforcement and mechanical and cosmetic upgrades, so the essential work is done and your first season is about enjoying the water, not fixing it up. Outside, a private double drive with plenty of parking makes coming and going effortless off HWY 11, and the flat 0.26-acre lot leaves room for the whole family to spread out.Furnishings and extras - including the camper trailer, C-can, seadoos and trailer, seadoo docks in the boathouse, and outdoor furniture - are negotiable, so a turnkey handoff is possible for the right buyer. Whether it's coffee on the dock at sunrise, an afternoon run to Georgian Bay, or storing every toy you own in a rare double boathouse, 1123 Severn River Road is built for people who live for the water. Be ready for next summer.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $993 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1123 Severn River Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
None
Lot & land
Lot size (sqft)
0.26
Listing & possession
Property style
Bungalow
Property class
Detached
1123 Severn River Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13804234$694,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1123 Severn River Rd Compares to the Gravenhurst Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,414
/mo
based on the purchase price of $694,900
$138,980 cash
$555,920 financed
$468,231 total interest
Principal54%$555,920
Interest46%$468,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Gravenhurst
Other 2–3 bed homes for sale in Gravenhurst around $695K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio93.9%On average, homes sold below asking.
Active listings234Homes for sale here right now.
Median vs prior 90 days−5.8%Compared with May 12 – Aug 10, 2026: prices down.
Based on 89 sales from Aug 10 – Nov 8, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1123 Severn River Rd
How much is 1123 Severn River Rd listed for?
1123 Severn River Rd is listed at $694,900 (MLS® X13804234). Summitly updates the price as soon as the MLS® record changes.
Is $694,900 a good price for 1123 Severn River Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Gravenhurst. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1123 Severn River Rd changed?
No — 1123 Severn River Rd is still listed at its original asking price of $694,900.
How many bedrooms and bathrooms does 1123 Severn River Rd have?
1123 Severn River Rd has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Gravenhurst.
How much would the monthly mortgage be on 1123 Severn River Rd?
About $3,414 a month — principal and interest on $694,900 with 20% down ($138,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1123 Severn River Rd compare with other homes in Gravenhurst?
Its asking price of $694,900 is about 7% above the median sold price in Gravenhurst over the last 90 days, $650,000, across 89 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1123 Severn River Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1123 Severn River Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1123 Severn River Rd?
1123 Severn River Rd is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1123 Severn River Rd been on the market?
52 days — 1123 Severn River Rd was listed on September 17, 2026.
What is the price per square foot of 1123 Severn River Rd?
About $632 to $993 per square foot: the asking price of $694,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 1123 Severn River Rd have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 1123 Severn River Rd have a basement, and is it finished?
The listing says 1123 Severn River Rd has no basement.