WATER ACCESS PROPERTY - start living the dream this summer with this inviting family getaway. Enjoy beautiful water views from every room in this bright and cheerful three-season waterfront cottage. The property features 2+1 bedrooms (bunkie is third), a 3-piece bathroom, washer and dryer, and vaulted ceilings throughout. Cozy up by the wood stove or relax in the stunning Muskoka Room, where the windows lift to transform the space into a breezy screened-in retreat.Recently renovated with an addition completed in 2016, the cottage offers an open-concept layout, charming wood interior finishes, heat and air conditioning, and a classic board-and-batten exterior. Outside, you'll find a large dock area with boat lift and covered boathouse and workshop to keep your boat and toys clean and dry. Enjoy endless boating on the Trent Severn waterway with access to Georgian Bay. This section of the Severn has the most stable water levels, largest bays and also access to Tea Lake. Set on a beautifully treed lot just under an acre, the property is bordered by Crown land on one side and at the rear, providing added privacy. Tucked into a quiet bay, you can enjoy peaceful surroundings while still watching boats from around the world pass by along the Trent-Severn system. The shallow water entry makes it ideal for kids to safely play and explore.Conveniently located, it's only a 10-minute boat ride to Big Chute Marina, 20 minutes to Waubaushene for shopping, and 30-40 minutes to Midland or Port Carling. For year-round accessibility, the property can also be reached via a hiking trail leading to the back of the lot.Whether you're boating along the Trent-Severn Waterway or unwinding with a good book by the water, this cottage offers everything you need in a perfect home away from home. This is a property you won't want to miss.
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $545 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 7206 Severn River Shore
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0.92
Listing & possession
Property style
Bungalow
Property class
Detached
7206 Severn River Shore Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,947
/mo
based on the purchase price of $599,900
$119,980 cash
$479,920 financed
$404,219 total interest
Principal54%$479,920
Interest46%$404,219
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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Similar homes for sale nearby in Georgian Bay
Other 2–6 bed homes for sale in Georgian Bay around $600K.
Average days on market71Homes sold in about 71 days on average.
Sale-to-list ratio92.4%On average, homes sold below asking.
Active listings173Homes for sale here right now.
Median vs prior 90 days−3.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 41 sales from Jul 24 – Oct 22, 2026 (27 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7206 Severn River Shore
How much is 7206 Severn River Shore listed for?
7206 Severn River Shore is listed at $599,900 (MLS® X13126246). Summitly updates the price as soon as the MLS® record changes.
Is $599,900 a good price for 7206 Severn River Shore?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Georgian Bay. 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 7206 Severn River Shore changed?
Yes — it was first listed at $674,000 and is now $599,900, a drop of $74,100 (11.0%).
How many bedrooms and bathrooms does 7206 Severn River Shore have?
7206 Severn River Shore has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Georgian Bay.
How much would the monthly mortgage be on 7206 Severn River Shore?
About $2,947 a month — principal and interest on $599,900 with 20% down ($119,980), 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 7206 Severn River Shore compare with other homes in Georgian Bay?
Its asking price of $599,900 is about 18% below the median sold price in Georgian Bay over the last 90 days, $730,000, across 41 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 7206 Severn River Shore been sold before?
Summitly has no earlier MLS® sale or lease of 7206 Severn River Shore on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7206 Severn River Shore?
7206 Severn River Shore is in Georgian Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7206 Severn River Shore been on the market?
161 days — 7206 Severn River Shore was listed on May 14, 2026.
What is the price per square foot of 7206 Severn River Shore?
About $400 to $545 per square foot: the asking price of $599,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 7206 Severn River Shore have a basement, and is it finished?
The listing says 7206 Severn River Shore has no basement.
What is the lot size of 7206 Severn River Shore?
The lot is 25.995 acres, as published in the listing.
