2997 Lakeside Drive
Severn (West Shore), ON L0K 1G0
- 2+1Bedrooms
- 3Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $4,587Tax
- 51×91 ftLot Size
Estimated Value:$695,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 2997 Lakeside Drive, Severn, West Shore
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-08 | 2026-05-21 | Login to See Prices | Sold | s13103228 |
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About 2997 Lakeside Drive, Severn, West Shore
Summarized Description
- Stunning waterfront property with panoramic views
- Updated home with 2,000 sq ft of space
- Detached garage includes in-law suite for guests
- 4-season living with municipal services
- Tiered decking perfect for entertaining
- Family-friendly area close to amenities
- Potential for rental income or mortgage assistance
- New roof installed in 2025
LAKE COUCHICHING WATERFRONT WITHOUT THE $2M PRICE TAG? NOW WE'RE TALKING! Welcome to 2997 Lakeside Drive-the kind of waterfront property where mornings start with coffee on the dock, afternoons disappear into the lake & suddenly everyone in your family "just happens" to visit more often. Perched on the sparkling 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 yet updated home offers ~ 2,000 sq ft of finished living space with 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 - perfect for guests, older kids, Airbnb income or that friend who says they'll "only stay 2 nights" & somehow remains for 5. Bonus apt fully renovated & insulated with kitchen, bath & laundry rough-in offering incredible flexibility & potential mortgage assistance. Municipal water, sewer & natural gas provide comfort, convenience year-round. Located in family-friendly Cumberland Beach, you're 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 to the area stress & traffic-free! Affordable waterfront with shallow sandy entry, open lake views, income potential & true 4-season living is becoming harder & harder to find. Watch the video, book your showing & just TRY not to start planning matching Muskoka chairs before you leave!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,587
- Land Transfer Tax Fee
- $14,375
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Guest Accommodations, In-Law Suite, Sump Pump
- View
- Lake, Water, Clear
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Year Round Living
- Pool
- None
- Property Features
- Beach, Fenced Yard, Place Of Worship, Waterfront, School, Clear View
- Other Structures
- Fence - Full
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.63 ft
- Lot Depth
- 90.57 ft
- Lot Size
- 0.156
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- All appliances, all window coverings, all ELF's, dock is included
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 2 + 1
- Washrooms
- 3
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Sunroom—Main level
- Primary Bedroom—Second level
- Bedroom 2—Second level
- Bathroom—Second level
- Family Room—Basement level
- Bathroom—Basement level
- Living Room—Main level
- Kitchen—Main level
- Laundry—Basement level
- Bathroom—Main level
- Bedroom 3—Second level
Washrooms
- 3-piece, Second
- 3-piece, Lower
- 3-piece, Main
- Municipality
- Severn
- Neighbourhood
- West Shore
- Main cross streets
- Knight Ave
- Zoning
- SR2
- Directions
- Hwy 11 north to Knight Ave, left on Lakeside Dr
- Waterfront
- Direct
- MLS® number
- S13103228
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-21
- Listed on
- 2026-05-08
- Days on market
- 13 days
- Possession type
- Flexible
- Co-op commission
- 2.0% + HST
- Seller
- Listed by
- ONE PERCENT REALTY LTD.
Home Market Value
Current home valuation for 2997 Lakeside Drive, Severn, West Shore, Severn, ON. Listed for $895,000
HOMEH Estimate
$695,500
Estimated Sales Range
$486,850 - $904,150
HOMEH Estimate for 2997 Lakeside Drive, Severn, West Shore
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $395,000 over $500K
$64,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $33,187 | $24,971 | $21,301 | $0 |
=Total mortgage | $862,852 | $830,471 | $782,051 | $716,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,213monthly | $4,055monthly | $3,818monthly | $3,496monthly |
Land Transfer Tax
$14,375
$14,375
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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