2999 Lakeside Drive, Severn, ON

$1,149,000
MLS#:S13564208
5 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Washago. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,149,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 49.98 x 153.94 ft lot
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Storage, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Desirable Lake Couchiching Waterfront 50 Feet of clear, shallow, sandy bottom private water frontage. Ideal for swimming, fishing, boating and winter activities. Beautiful setting with breathtaking views and incredible potential! This year-round lakeside home offers approximately 2,016 sq ft with 4+1 bedrooms and 3 bathrooms. Situated on municipal water and sewers, it features a spacious, functional layout with generous principal rooms and large windows capturing the stunning waterfront backdrop. Bright, open-concept eat-in kitchen and living area with double sliding doors leading to an oversized deck overlooking the water. The main floor also offers a versatile bedroom or home office, full bathroom, and convenient laundry. Upstairs, the oversized primary suite features a private balcony with beautiful lake views, walk-in closet, and semi-ensuite. Two additional bedrooms complete the upper level, including one with a walk-in closet and water views. Finished basement with separate entrance and kitchen offers excellent potential for an in-law suite or additional income. Enjoy peaceful mornings, spectacular sunsets, and year-round waterfront living. A rare opportunity offering space, versatility, and endless potential.

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Property Summary

This detached home located at 2999 Lakeside Drive, Severn is currently for sale and has been available on SousaSells for 2 days. This property is listed at $1,149,000 with an estimated mortgage of $3,825* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 2999 Lakeside Drive, Severn is in the Washago neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front
BasementApartment
Lot Size49.98 × 153.94 Feet
CountySimcoe
Annual Tax$5,813.74
Legal DescriptionLT 4 S/S LAKESIDE DR PL 698 NORTH ORILLIA; SEVERN

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Storage, Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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2999 Lakeside Drive, Severn, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2999 Lakeside Drive, Severn, ON L3V 6H3

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.

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Interest Rate4.00%
Down Payment$344,700 (30.0%)
* Minimum Canadian down payment required for this price is $229,800.
Amortization Period30 Years
Estimated Monthly Payment$3,825Based on a loan of $804,300 over 30 years.
Purchase Price$1,149,000
Loan Amount$804,300
Provincial Land Transfer Tax:$19,455
Total Estimated Closing Taxes:$19,455

About Purchasing a Home in Severn, ON

For a property listed at $1,149,000 in Severn, the legal minimum down payment is $229,800 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 $19,455 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Washago, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$789,239

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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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.