Discover a rare offering on the Trent-Severn Waterway: 5.10 private acres in a water-access-only channel called Lost Channel, in Georgian Bay Township. With 480 feet of south-facing shoreline, exposed Canadian Shield rock, and mature forest, this is waterfront in its most authentic form. The three-bedroom, one-bathroom bungalow offers comfortable seasonal living on one level. The family room anchors the home with pine ceilings, while the kitchen is fitted with a fridge, stove, microwave, and dining table. Each bedroom carries its own character, from pine ceilings to classic cottage detailing. The bathroom and mud room feature updated pine finishes, plus an owned water heater. Step outside to a screened, covered porch spanning the front of the cottage, plus a private rear deck overlooking the water. A private dock at the front provides direct access to deep water on the channel, with a nearby fire pit on exposed Shield rock framing panoramic, sunset-lit views across Lost Channel toward the Trent-Severn Waterway. A storage shed sits near the cottage, and a woodland trail leads to a second waterfront landing at the rear with its own fire pit and easy shoreline access - trilliums line the path in spring. Along the way, a dry boathouse offers valuable storage and water access on the Lost Channel side, ready for a buyer's own vision. This is a three-season, water access property with no furnace and no basement - a genuine Shield retreat rather than a turnkey four-season home. What it offers instead is privacy, panoramic waterfront views, direct boating access, and a landscape that rewards those who value the land itself. An exceptional opportunity to secure a private, water-access waterfront property with room to make it your own.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $999 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 7594 Severn River Shore
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
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)
5.1
Listing & possession
Property style
Bungalow
Property class
Detached
7594 Severn River Shore Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13510062$699,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7594 Severn River Shore Compares to the Georgian Bay 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
$3,434
/mo
based on the purchase price of $699,000
$139,800 cash
$559,200 financed
$470,993 total interest
Principal54%$559,200
Interest46%$470,993
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 Georgian Bay
Other 2–6 bed homes for sale in Georgian Bay around $699K.
Average days on market74Homes sold in about 74 days on average.
Sale-to-list ratio92.3%On average, homes sold below asking.
Active listings173Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 44 sales from Jul 23 – Oct 21, 2026 (28 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7594 Severn River Shore
How much is 7594 Severn River Shore listed for?
7594 Severn River Shore is listed at $699,000 (MLS® X13510062). Summitly updates the price as soon as the MLS® record changes.
Is $699,000 a good price for 7594 Severn River Shore?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 7594 Severn River Shore changed?
No — 7594 Severn River Shore is still listed at its original asking price of $699,000.
How many bedrooms and bathrooms does 7594 Severn River Shore have?
7594 Severn River Shore has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Georgian Bay.
How much would the monthly mortgage be on 7594 Severn River Shore?
About $3,434 a month — principal and interest on $699,000 with 20% down ($139,800), 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 7594 Severn River Shore compare with other homes in Georgian Bay?
Its asking price of $699,000 is about 10% below the median sold price in Georgian Bay over the last 90 days, $777,500, across 44 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 7594 Severn River Shore been sold before?
Summitly has no earlier MLS® sale or lease of 7594 Severn River Shore on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7594 Severn River Shore?
7594 Severn River Shore is in Georgian Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7594 Severn River Shore been on the market?
111 days — 7594 Severn River Shore was listed on July 2, 2026.
What is the price per square foot of 7594 Severn River Shore?
About $635 to $999 per square foot: the asking price of $699,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 7594 Severn River Shore have a basement, and is it finished?
The listing says 7594 Severn River Shore has no basement.
What is the lot size of 7594 Severn River Shore?
The lot is 7.495 acres, as published in the listing.