Rural Severn · L3V 6H3
$599,000
$856 / sq ft2 weeks on market
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A rare opportunity on beautiful Lake Couchiching - 50 feet of clean, direct waterfront with private docking, year-round municipal road access, and the Trent-Severn Waterway at your doorstep. Set on an approximately 50 x 188 ft lot, this property offers incredible potential for buyers looking to renovate, rebuild, or create the waterfront retreat they have always wanted. The existing 3-bedroom cottage provides a starting point for renovation, while the real value is in the land, shoreline, location, and development upside. With development fees already paid, an approved septic permit in hand, natural gas available at the road, and direct lake views, much of the groundwork has already been done. Whether your vision is a modern year-round home, a weekend cottage escape, or a long-term investment on one of the area's most desirable waterways, this property checks the boxes. Enjoy southeast-facing shoreline, a private dock, clean waterfront, lake-sourced water, parking for up to six vehicles, and quick access to Orillia amenities just minutes away. A true blank canvas on Lake Couchiching - bring your plans, your builder, and your imagination.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 10% of comparable detached listings in Rural Severn are asking less.
Based on 71 comparable active detached listings in Rural Severn. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX PRIME PROPERTIES. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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