1467 Cunningham Crescent, Severn

$1,060,000
1467 Cunningham Crescent

$1,060,000

New
24d
DetachedBungalow

1467 Cunningham Crescent, Severn

Total Monthly Obligation $5,041

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
24d
Yield
3.3%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-S13838168
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-79.31 × 202 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,685 (2025)
Parking-7 - Detached
Basement-None
Heating-Baseboard (Electric)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Cedar, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Immediate
Neighbourhood-Rural Severn
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Four bedroom, 1.5 bathroom four-season bungalow nestled along the highly sought-after west shores of Lake Couchiching on the scenic Trent-Severn Waterway, offering a bright open-concept layout and breathtaking lake views, delivering year-round comfort and unforgettable waterfront living 2) Expansive waterfront property boasting approximately 80' of pristine shoreline, highlighted by a rare sandy beach with a shallow, gradual entry, creating the perfect setting for swimming, family fun, and making lasting memories at the water's edge 3) Beautifully maintained cedar home offering nearly 1,500 square feet of comfortable living space, enhanced by durable vinyl siding, a dramatic vaulted living room, and a welcoming wood-burning fireplace with a Napoleon insert that creates a warm and inviting atmosphere 4) use this: Packed with exceptional value and functionality, the property features a brand-new roof on both the home and detached garage (2026), an upgraded 200-amp electrical panel (2023), a drilled well with a heated water line and UV water filtration system, and updated attic insulation (2020), while a charming waterfront bunkie with hydro and a lakeside bedroom provides additional space for guests, complemented by a spacious L-shaped dock ideal for boating and swimming and a detached garage/workshop offering generous additional storage space 5) Located minutes from Orillia, Millennium Trail, and Orillia Soldiers' Memorial Hospital, with nearby golf and ski options, this Severn Township property provides reasonable taxes and an exceptional lifestyle in a highly desirable waterfront community. 1,439 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.

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Closing Costs

Mortgage Amount
$848,000
Land Transfer Taxes$17,675
Legal Fees (Est.)
$
Total cash required for closing$231,175

Total Monthly Obligation

$5,041/mo
Mortgage $4,276
Monthly Loss $3,916
Principal$1,125
Interest$3,151
Property Tax$390
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1467 Cunningham Crescent

Time

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