Seller would love to work an offer with you so seriously... Come out & check this turn key cottage! Ready to start living the dream and make memories? Perfect for part time you and make some money renting it....This lovely cottage offers a beautiful view of the water from most rooms, this 4 season bright and cheery waterfront cottage with 3 bedrooms, 3PC bathroom with washer, vaulted 13-foot ceiling in living area, a pellet stove, a stunning Muskoka Room with windows that raise up to allow a screened room, loads of docking space with a Sea-doo lift, a gazebo right at the water and an approved septic system? Features include cherry finished cupboards, lots of storage space, built-in dishwasher, a shed, an outhouse with a flushing toilet, and nothing but nature all around you on this beautiful treed lot that is just under 2 acres. Enjoy watching the boats from all over the world go by on the Trent system, kids will love the water slide, and all only a one minute boat ride away to this lovely WATER ACCESS ONLY cottage, so not lots of extra travel time to worry about and extra time to just start enjoying the cottage right away. This peaceful cottage is located minutes to downtown Coldwater and right in the heart of Severn Falls, gas, groceries, and restaurant 2 minutes away, and the Big Chute is just down the River. Don't wait! Call today to book your personal viewing and come check out this piece of paradise and water access at its best!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,071 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 4SR406 Severn River Route
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 3
Living space
700-1100 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 3
Property class
Detached
4SR406 Severn River Route Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13557522$749,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4SR406 Severn River Route 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
$3,684
/mo
based on the purchase price of $749,900
$149,980 cash
$599,920 financed
$505,290 total interest
Principal54%$599,920
Interest46%$505,290
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 3–5 bed homes for sale in Muskoka Lakes around $750K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio93.5%On average, homes sold below asking.
Active listings171Homes for sale here right now.
Median vs prior 90 days+26.5%Compared with May 15 – Aug 13, 2026: prices up.
Based on 124 sales from Aug 13 – Nov 11, 2026 (81 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4SR406 Severn River Route
How much is 4SR406 Severn River Route listed for?
4SR406 Severn River Route is listed at $749,900 (MLS® X13557522). Summitly updates the price as soon as the MLS® record changes.
Is $749,900 a good price for 4SR406 Severn River Route?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 4SR406 Severn River Route changed?
No — 4SR406 Severn River Route is still listed at its original asking price of $749,900.
How many bedrooms and bathrooms does 4SR406 Severn River Route have?
4SR406 Severn River Route has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 4SR406 Severn River Route?
About $3,684 a month — principal and interest on $749,900 with 20% down ($149,980), 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 4SR406 Severn River Route compare with other homes in Muskoka Lakes?
Its asking price of $749,900 is about 30% below the median sold price in Muskoka Lakes over the last 90 days, $1,075,000, across 124 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 4SR406 Severn River Route been sold before?
Summitly has no earlier MLS® sale or lease of 4SR406 Severn River Route on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4SR406 Severn River Route?
4SR406 Severn River Route is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4SR406 Severn River Route been on the market?
121 days — 4SR406 Severn River Route was listed on July 13, 2026.
What is the price per square foot of 4SR406 Severn River Route?
About $682 to $1,071 per square foot: the asking price of $749,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 4SR406 Severn River Route have a basement, and is it finished?
The listing says 4SR406 Severn River Route has no basement.
What is the land transfer tax on 4SR406 Severn River Route?
About $11,473 in Ontario land transfer tax at the asking price of $749,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.