
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.
Discover the perfect balance of quiet retreat and endless adventure at 1123 Severn River Road. Nestled on a peaceful leg of the Severn just off the main channel you'll enjoy calm, sheltered waters ideal for swimming, kayaking, and casting a line, while still having effortless access to the full Trent-Severn Waterway. Set out for a day on Sparrow Lake, or cruise farther to Georgian Bay, Lake Couchiching, or Lake Simcoe all from your own dock.This year-round cottage boasts approximately 105 feet of shoreline, offering an enviable waterfront lifestyle just 20 minutes north of Orillia and about 1.5 hours from the GTA. A rare double boat house, nearly impossible to replicate today, is paired with a one-bedroom boat-house bunkie for a true waterfront experience. A second detached bunkie with two beds and a 2-piece bath gives family and friends a private retreat only steps from the water.The current owners have invested in thoughtful structural, mechanical, and cosmetic upgrades strengthening the shoreline, improving core systems, and creating new outdoor living spaces so you can relax knowing the essential work has been done.With its easy access off HWY 11, this property blends the nostalgia of cottage life with the convenience of modern comfort. Whether you're reeling in your morning catch from the dock, gathering by the fire under the stars, or soaking in peaceful river views with a coffee at sunrise, 1123 Severn River Road is a waterfront haven where every season is one to savour.
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This detached home located at 1123 Severn River Road, Gravenhurst is currently for sale and has been available on SousaSells for 13 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 1123 Severn River Road, Gravenhurst is in the Morrison neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Morrison, Gravenhurst.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 1123 Severn River Road, Gravenhurst, ON in Morrison, Gravenhurst is $699,900.
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
1123 Severn River Road, Gravenhurst, ON is a Detached (Bungalow) featuring a None basement.
Key property features include: Lake Access, River/Stream, Waterfront.
Interior highlights include: None.
Yes, this property offers parking space for 4.0 vehicles (None).
Heating is provided via Propane and cooling via Wall Unit(s).
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1123 Severn River Road, Gravenhurst, ON P0E 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.
About Purchasing a Home in Gravenhurst, ON
For a property listed at $699,900 in Gravenhurst, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Gravenhurst (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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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.