Welcome to your private retreat on the sought after Severn River, part of Ontario's renowned Trent-Severn Waterway. Set on more than 3 acres with an impressive 250+ feet of shoreline, this fully furnished 3-season cottage offers exceptional privacy, beautiful western exposure and unforgettable sunsets over the water.Surrounded by mature trees and tucked into a peaceful natural setting, the charming three-bedroom cottage is the perfect place to slow down, reconnect and enjoy everything waterfront living has to offer. Inside, a cozy wood stove adds warmth and character, making those crisp spring and fall days at the cottage especially inviting.Step outside and let the river become your playground. Your private dock provides the perfect launch point for swimming, fishing, boating and endless days exploring the Trent-Severn Waterway. Cruise from lock to lock, head out for an early morning fish, or settle in at the shoreline and watch the sun disappear across the river.When family and friends come to stay, the separate bunkie with loft provides the additional 3rd sleeping space and a cozy retreat of its own. With over 3 acres to enjoy, there is plenty of room to embrace the outdoors while maintaining the privacy and tranquility that make cottage life so special.For those who love winter adventure, the property can also be enjoyed as a snowmobile destination when conditions allow, offering an entirely different way to experience this beautiful stretch of the Severn River.Offered fully furnished and ready to enjoy, this is an opportunity to own a peaceful piece of the Trent-Severn and create years of memories on the water.Cottage life starts here! Please note: this is a water-access property.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $843 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 24 Severn River
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
3.54
Listing & possession
Property style
Bungalow
Property class
Detached
24 Severn River Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13743174$589,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 24 Severn River Compares to the Muskoka Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$2,898
/mo
based on the purchase price of $589,900
$117,980 cash
$471,920 financed
$397,481 total interest
Principal54%$471,920
Interest46%$397,481
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.
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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 Muskoka Lakes
Other 2–3 bed homes for sale in Muskoka Lakes around $590K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio94.3%On average, homes sold below asking.
Active listings235Homes for sale here right now.
Median vs prior 90 days+23.5%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 126 sales from Jul 23 – Oct 21, 2026 (73 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 24 Severn River
How much is 24 Severn River listed for?
24 Severn River is listed at $589,900 (MLS® X13743174). Summitly updates the price as soon as the MLS® record changes.
Is $589,900 a good price for 24 Severn River?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Muskoka Lakes. 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 24 Severn River changed?
No — 24 Severn River is still listed at its original asking price of $589,900.
How many bedrooms and bathrooms does 24 Severn River have?
24 Severn River has 3 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 24 Severn River?
About $2,898 a month — principal and interest on $589,900 with 20% down ($117,980), 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 24 Severn River compare with other homes in Muskoka Lakes?
Its asking price of $589,900 is about 44% below the median sold price in Muskoka Lakes over the last 90 days, $1,050,000, across 126 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 24 Severn River been sold before?
Summitly has no earlier MLS® sale or lease of 24 Severn River on record from the last two years. Older records aren't shown under TRREB rules.
Where is 24 Severn River?
24 Severn River is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 24 Severn River been on the market?
48 days — 24 Severn River was listed on September 3, 2026.
What is the price per square foot of 24 Severn River?
About $843 per square foot: the asking price of $589,900 over the 700 sq ft the listing gives.
Does 24 Severn River have a basement, and is it finished?
The listing says 24 Severn River has no basement.
What is the lot size of 24 Severn River?
The lot is 3.495 acres, as published in the listing.