2997 LAKESIDE Drive, Severn, ON

$895,000
MLS#:S13103228
3 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of West Shore. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $895,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 50.63 x 90.57 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Guest Accommodations, In-Law Suite, Sump Pump
  • equipped with ["wall unit(s)"] central cooling and highly efficient baseboard heating via electric

LAKE COUCHICHING WATERFRONT WITHOUT THE $2M PRICE TAG? NOW WE'RE TALKING! Welcome to 2997 Lakeside Dr, the kind of waterfront property where mornings start with coffee on the dock, afternoons disappear onto the lake & suddenly everyone in your family "just happens" to visit more often. Perched on the western shoreline of Lake Couchiching, this 4-season waterfront home offers panoramic water views so close you'll swear you're living on a boat... just with better WiFi & bathrooms. Sandy-bottom shoreline is ideal for swimming, kids, pets, paddleboards & floating around with a drink in hand. This charming, updated home & bonus suite offers just under 2000 sq ft total of finished living space. Main house: 2 bedrooms, 2 full baths, bright open-concept living areas, family rooms on both levels, gas fireplace, 4-season sunroom, newer windows throughout & new roof 2025. Sliding doors lead to tiered waterfront decking & dock setup ready for boating & entertaining. Bonus in-law/income/guest suite as part of detached garage is perfect for guests, older kids, income or that friend who says they'll "only stay 2 nights" & somehow remains for 5. Suite is fully renovated & insulated with kitchenette, bath & roughed-in laundry; offering incredible flexibility & potential mortgage assistance. Bonus apt can also be third bedroom. Municipal water, sewer & natural gas provide comfort, convenience year-round. Located in family-friendly Cumberland Beach, 13 min to Orillia & minutes to Washago, Casino Rama, marinas, golf, restaurants, trails, shopping & convenient Hwy 11 access. Walk to Orchard Fruit Market, Bedrock Café/Pizza, Blue Moon Restaurant & par 3 golf course. New CN rail service from Washago <->Toronto will conveniently bring friends & family up stress & traffic-free! Affordable waterfront with shallow sandy entry, open lake views, income potential & true 4-season living. Watch the video, book your showing & just TRY not to start planning matching Muskoka chairs before you leave!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 21, 2026
Sold price information is available to members only
Listed Date5/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50.63 × 90.57 Feet
CountySimcoe
Annual Tax$4,587.14
Legal DescriptionPT LT 3 S/S LAKESIDE DR. PL 698 NORTH ORILLIA PT 1 51R21361

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Wall Unit(s)"]

Features

Property Features

Beach, Fenced Yard, Place Of Worship, Waterfront, School, Clear View

Community Features

Location

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2997 LAKESIDE Drive, Severn, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for West Shore, Severn.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$751,584

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2997 LAKESIDE Drive, Severn, ON L0K 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$716,000
Monthly Mortgage$4,160
Property Tax (Est.)$382
Utilities & Maint.$350
Total Monthly Cost$4,892

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Severn.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.