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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 12 days

    34 SR407 SEVERN RIVER

    Wood (Muskoka Lakes)·Muskoka Lakes, ON·L0K 1E0·Near Upper Big Chute Rd to Severn Falls. Less than 10 m

    • 5 beds
    Muskoka Lakes real estate›X13501542
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Boat Access Only. Absolutely one of the best locations on Severn River between the Swift and the Marine Railway. Located on the widest part of the river surrounded by gorgeous south west views. Properties are in an exceptional location. Enjoy stunning sunsets and beautiful breezes from the oversized screened-in porch. Incredible opportunity. Properties consists of 2 separate parcels, a 5.3 acre vacant lot plus cottage on separate 0.9 acre lot. These 2 properties are separated by a 66' road allowance that will never be a road, providing perfect Privacy. The Point Has 550' Of waterfront wrapping around the cottage. Vacant lot is 5.3 Ac (As Per Survey) has 470' Of Waterfront, gentle slope & fully treed. Must be seen to appreciate! Own piece of history. Sell the lot or stay in cottage while you build your dream cottage on the vacant lot. Panoramic views & cool gentle breezes are 2nd to none. Enjoy the morning sunshine as it pours into the kitchen. Cottage is full Of charm & nostalgia. Features exposed beams, cedar floors, live edge combined with vintage wood countertop In kitchen. 5 bedrooms, enough for family and friends. Create great family memories here, as the current family has for generations. Located near Swift Rapids, 5 minutes to The Waubic Restaurant, less than a 10 minute boat ride to Severn Falls, 20 Mins To Big Chute Marine Railway. Access To Miles Of Boating On The Trent Severn Waterway. Endless cottage activies including, fishing, boating, skiing, tubing and bonfires.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 28, 2026ListedCurrentFor sale$899,900 —X13501542This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Baseboard
      Air conditioning
      None
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 34 SR407 SEVERN RIVER
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,421
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $197
    0.26% mill rate · ON
    The market

    How this home sits in the Muskoka Lakes market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Muskoka Lakes market right now

    Average sold price, days on market, and closed-transaction count for Muskoka Lakes — sourced from MLS®.

    • Avg sold price
      $1,770,369
      Last 30 days
    • Median sold price
      $849,000
      Middle of the market
    • Days on market
      35 d
      Avg from list to close
    • Closed last 30d
      79
      MLS® transactions
    Full Muskoka Lakes market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 34 SR407 SEVERN RIVER — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 34 SR407 SEVERN RIVER and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 34 SR407 SEVERN RIVER listed for?

      34 SR407 SEVERN RIVER is listed at $899,900 on the MLS® (listing X13501542). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 34 SR407 SEVERN RIVER have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 1 bath
  2. 1500-2000 sqft
  3. Detached
  4. Built 100+
  5. 5-9.99 ac lot
  6. Asking
    $899,900
    $0 / sqft · MLS® X13501542
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $2,407,702
    $2,215,086Confidence range$2,600,318
    Asking vs estimate
    ↓below
    −$1,507,802
    (-62.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Muskoka Lakes sell in about 35 days — this one has been listed 12 days.

    Avg sold price
    $1,770,369
    Median sold
    $849,000
    Avg days on market
    35
    Recently sold
    79
    See comparable sales
    AI highlights by Zara
    • Located on the widest part of the river surrounded by gorgeous south west views.
    • Properties consists of 2 separate parcels, a 5.3 acre vacant lot plus cottage on separate 0.9 acre lot.
    • Vacant lot is 5.3 Ac (As Per Survey) has 470' Of Waterfront, gentle slope & fully treed.
    • Sell the lot or stay in cottage while you build your dream cottage on the vacant lot.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    0
    Driveway
    None
  9. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Elevator
    N
    Accessibility
    N
  10. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Metal
    Foundation
    Stone, Concrete
    View
    River, Water, Trees/Woods, Clear, Forest, Panoramic
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    4
    Year built
    100+
    Lot dimensions
    x 700
    Lot features
    Irregular Lot
    Zoning
    WR3-7
  12. Listing & possession

    3
    Possession
    2026-07-30T00:00:00.000-00:00
    Property style
    1 1/2 Storey
    Property class
    Detached
  13. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Bathroom
      3Piece
      0.0 × 0.0 ft
    • Living Room
      beamed ceilings · sliding doors · w/o to porch
      25.2 × 15.4 ft
    • Other
      cathedral ceiling(s) · w/o to yard
      23.4 × 12.5 ft
    • Bedroom
      9.3 × 7.3 ft
    • Primary Bedroom
      15.3 × 9.6 ft
    • Kitchen
      15.7 × 11.7 ft

    Second level

    3 rooms
    • Bedroom
      7.6 × 7.5 ft
    • Bedroom
      Cathedral Ceiling(s)
      13.4 × 7.9 ft
    • Bedroom
      Cathedral Ceiling(s)
      13.4 × 11.3 ft
    Combined estimate
    $4,618
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,421
    /mo
    based on the purchase price of $899,900
    $179,980 cash
    $719,920 financed
    $606,362 total interest
    Monthly payment$4,421/ month
    Principal54%$719,920
    Interest46%$606,362

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Muskoka Lakes

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 52 Joseph Street
      Sold
      Sign in for price
      52 Joseph Street
      Detached
    • 41 Beaumont Bay Road
      Sold
      Sign in for price
      41 Beaumont Bay Road
      Detached
    • 6 Johnston Street
      Sold
      Sign in for price
      6 Johnston Street
      Detached
    • 99 Bala Park Island
      Sold
      Sign in for price
      99 Bala Park Island
      Detached
    • 4 SL 19 Roberts Island
      Sold
      Sign in for price
      4 SL 19 Roberts Island
      Detached
    • 1086 Pennwood Road
      Sold
      Sign in for price
      1086 Pennwood Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    34 SR407 SEVERN RIVERThis home5 / 115,002,000$899,900ask———
    52 Joseph Street4 / 11,100—
    41 Beaumont Bay Road5 / 43,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Muskoka Lakes

    Active listings within ±20% of this asking price.

    • 1012 Grey Street
      $825,000
      1012 Grey Street
      Detached 6 3
    • 1012 Grey Street
      $825,000
      1012 Grey Street
      Detached 6 3
    • 8-1125 Carlo Enterprise Road
      $1,075,000
      8-1125 Carlo Enterprise Road
      Detached 4 1
    • 1158 Shea Road
      $949,000
      1158 Shea Road
      Detached 4 2
    • 1039 Wonder Beach Road
      $775,000
      1039 Wonder Beach Road
      Detached 5 3
    • 3461 Hwy 141 Highway
      $849,900
      3461 Hwy 141 Highway
      Detached 4 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of SUTTON GROUP INCENTIVE REALTY INC. · displayed on Summitly per MLS® data-share rules

    34 SR407 SEVERN RIVER is a 5-bedroom, 1-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 34 SR407 SEVERN RIVER built?

    34 SR407 SEVERN RIVER was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 34 SR407 SEVERN RIVER?

    The 'Property tax' tab in the History section shows the most recent annual tax for 34 SR407 SEVERN RIVER plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 34 SR407 SEVERN RIVER?

    The affordability calculator on this page shows an estimated monthly mortgage for $899,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 34 SR407 SEVERN RIVER been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 34 SR407 SEVERN RIVER with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 34 SR407 SEVERN RIVER in?

    34 SR407 SEVERN RIVER is in Wood (Muskoka Lakes), Muskoka Lakes. The 'Neighbourhood' section below links to the live Muskoka Lakes real estate hub with average sold price, days on market, and current inventory.

  23. Is Muskoka Lakes a good place to live?

    Muskoka Lakes is one of ON's actively-tracked Summitly markets. The full Muskoka Lakes real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 6 Johnston Street
    4 / 2
    1,500
    —
    99 Bala Park Island4 / 21,100—
    4 SL 19 Roberts Island4 / 22,000—
    1086 Pennwood Road4 / 32,000—