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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 63 days

    1057 Severn River Road

    Morrison·Gravenhurst, ON·P0E 1N0·Near Severn River Rd/E Severn River Rd

    • 3 beds
    Gravenhurst real estate›X12224010
    • 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

    Your Waterfront Escape Awaits on the Severn River | Step into a place where modern comfort meets timeless cottage charm - welcome to your waterfront sanctuary in the heart of Severn Bridge. This fully upgraded home is more than just a retreat; its a lifestyle defined by peace, beauty, and effortless living. Thoughtfully renovated from top to bottom, the home exudes warmth and character with cozy living spaces, a beautifully appointed kitchen, and elegant finishes throughout. Wake up to tranquil river views from your spacious primary suite, complete with a huge walk-in closet, spa-inspired bath, and a walkout to the serene Muskoka room perfect for morning coffee or quiet evening reflection.Entertain effortlessly inside and out. The expansive dock and floating deck invite days of swimming, sunbathing, and unforgettable sunset gatherings. The gently sloped shoreline makes launching a kayak or paddle board a breeze, while the fire pit and horseshoe pit set the scene for laughter-filled nights under the stars.Pet lovers will appreciate the fenced-in area, offering a safe space for four-legged family members to roam. Inside, practical touches like second-floor laundry elevate everyday living, blending convenience with cottage-style comfort.Set in the charming village of Severn Bridge, you're perfectly positioned with boat access to both Lake Couchiching and Sparrow Lake. Whether you're seeking a weekend escape or a full-time home on the water, this property delivers the ideal balance of nature, luxury, and connection.Book your private showing today and discover why life on the Severn River is truly extraordinary. Septic inspected, upgraded and pumped June 2025, Roof/Attic has upgraded insulation June 2025, Roof venting upgraded June 2025

    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
    Jul 3, 2026Previously listedNew$789,900 —X13517856View
    Jun 16, 2025ListedCurrentFor sale$789,900 —X12224010This page
    May 14, 2025Previously listedTer$799,900 —X12148032View
    Aug 12, 2024Previously listedTer$849,900 —X9251090View
    Jul 9, 2024Previously listedTer$888,800 —X9032270View
    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
      Other
      Air conditioning
      Window Unit(s)
      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.

    📍 1057 Severn River Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Lake Access
    • River/Stream
    • School
    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
    $3,881
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $292
    0.44% mill rate · ON
    The market

    How this home sits in the Gravenhurst market

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

    The Gravenhurst market right now

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

    • Avg sold price
      $965,308
      Last 30 days
    • Median sold price
      $685,500
      Middle of the market
    • Days on market
      34 d
      Avg from list to close
    • Closed last 30d
      68
      MLS® transactions
    Full Gravenhurst market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1057 Severn River Road — 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 1057 Severn River Road 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 1057 Severn River Road listed for?

      1057 Severn River Road is listed at $789,900 on the MLS® (listing X12224010). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1057 Severn River Road 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. 2 baths
  2. 1500-2000 sqft
  3. Detached
  4. Built 51-99
  5. < .50 ac lot
  6. Asking
    $789,900
    $0 / sqft · MLS® X12224010
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $965,308
    $888,083Confidence range$1,042,533
    Asking vs estimate
    ↓below
    −$175,408
    (-18.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Gravenhurst sell in about 34 days — this one has been listed 63 days.

    Avg sold price
    $965,308
    Median sold
    $685,500
    Avg days on market
    34
    Recently sold
    68
    See comparable sales
    AI highlights by Zara
    • Thoughtfully renovated from top to bottom, the home exudes warmth and character with cozy living spaces, a beautifully appointed kitchen, and elegant finishes throughout.
    • The expansive dock and floating deck invite days of swimming, sunbathing, and unforgettable sunset gatherings.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    Private
  9. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    7
    Laundry level
    Upper Level
  10. Exterior & construction

    6
    Exterior
    Metal/Steel Siding, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Slab, Concrete
    View
    River, Bridge
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    1
    Year built
    51-99
  12. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    3 rooms
    • Kitchen
      11.3 × 19.3 ft
    • Dining Room
      16.3 × 19.3 ft
    • Living Room
      W/O To Porch
      21.5 × 19.3 ft

    Second level

    4 rooms
    • Primary Bedroom
      walk-in closet(s) · w/o to balcony · combined w/laundry
      21.3 × 19.3 ft
    • Bedroom 2
      Walk-In Closet(s)
      13.8 × 9.4 ft
    • Sitting
      W/O To Balcony
      9.7 × 11.5 ft
    • Bedroom 3
      10.5 × 9.6 ft
  14. School Bus Route
  15. Waterfront
  16. Combined estimate
    $4,173
    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
    $3,881
    /mo
    based on the purchase price of $789,900
    $157,980 cash
    $631,920 financed
    $532,243 total interest
    Monthly payment$3,881/ month
    Principal54%$631,920
    Interest46%$532,243

    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 Gravenhurst

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

    • 1018 S Sunny Crest Road
      Sold
      Sign in for price
      1018 S Sunny Crest Road
      Detached
    • 1028 Marshall Drive
      Sold
      Sign in for price
      1028 Marshall Drive
      Detached
    • 1037 Sniders Bay Road
      Sold
      Sign in for price
      1037 Sniders Bay Road
      Detached
    • 42 Springwood Crescent
      Sold
      Sign in for price
      42 Springwood Crescent
      Detached
    • 1060 South Kahshe Lake Road
      Sold
      Sign in for price
      1060 South Kahshe Lake Road
      Detached
    • 1180 Canning Road
      Sold
      Sign in for price
      1180 Canning Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1057 Severn River RoadThis home3 / 215,002,000$789,900ask———
    1018 S Sunny Crest Road4 / 21,100—
    1028 Marshall Drive3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Gravenhurst

    Active listings within ±20% of this asking price.

    • 415 Wellington Street
      $795,000
      415 Wellington Street
      Detached 2 2
    • 1040 Fire 6C Route
      $749,000
      1040 Fire 6C Route
      Detached 3 1
    • 1379 Muskoka Road 169
      $775,000
      1379 Muskoka Road 169
      Detached 2 1
    • 1379 Muskoka Road 169
      $775,000
      1379 Muskoka Road 169
      Detached 2 1
    • 355 FAIRVIEW Drive
      $745,000
      355 FAIRVIEW Drive
      Detached 3 2
    • 1057 Severn River Road
      $789,900
      1057 Severn River Road
      Detached 3 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.

  17. One team, no handoffs

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

  18. Showings on YOUR schedule

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

  19. Mortgage that closes

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

  20. Public listing courtesy of ENGEL & VOLKERS BARRIE · displayed on Summitly per MLS® data-share rules

    1057 Severn River Road is a 3-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1057 Severn River Road built?

    1057 Severn River Road was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 1057 Severn River Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1057 Severn River Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1057 Severn River Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $789,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1057 Severn River Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1057 Severn River Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 1057 Severn River Road in?

    1057 Severn River Road is in Morrison, Gravenhurst. The 'Neighbourhood' section below links to the live Gravenhurst real estate hub with average sold price, days on market, and current inventory.

  26. Is Gravenhurst a good place to live?

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

  27. 1037 Sniders Bay Road
    3 / 2
    700
    —
    42 Springwood Crescent2 / 31,500—
    1060 South Kahshe Lake Road3 / 21,100—
    1180 Canning Road4 / 1700—