$599,000
For sale: Detached

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.
Sold data
Detached homes in Severn took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 73 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $739,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 73 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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