$2,499,000
Severn
4229 Wilson Point Road North, Severn, Ontario, L3V7E1
This 4-bedroom, 6-bathroom home in Severn is for sale offering roughly 4,250 sq ft of space.
Commanding one of the finest lots on Lake Couchiching, this exceptional waterfront estate is positioned at the end of a quiet dead-end street, offering a rare opportunity to own and improve an irreplaceable piece of shoreline. Boasting 100 feet of sandy-bottom waterfront and eastern exposure, you'll enjoy breathtaking sunrises from the expansive new composite deck. This house is large enough for a multi-family Home or Cottage, offering approximately 4,040 sq. ft. above grade plus an additional 1,800 sq. ft. of finished lower-level living space; it's designed to maximize both space and scenery. The main level features a formal living room, an elegant dining room, a spacious eat-in kitchen with a pantry, and a grand great room, all of which capture stunning waterfront vistas. A private office, main-floor laundry, a powder room, and a walkout to an oversized 50.7' x 20.7' garage complete this level. Upstairs, you'll find four generously sized bedrooms, including two lakefront suites with private en-suites. The primary bedroom also features a walk-in closet and spectacular water views, while an additional full bathroom serves the remaining bedrooms. The refreshed lower level offers new flooring throughout. It includes a den, a full bathroom, a recreation room, a games room, a family room, and a walk-up, creating excellent potential for entertaining or extended-family accommodations. Recent updates include a brand-new metal roof (2025), an updated retaining wall, basement waterproofing, and additional features include forced-air gas heat, central air conditioning, whole-home generator, 400-amp service, drilled well, waterproofed foundation, positive drainage, central vacuum, intercom system, air exchanger, and in-ground sprinkler system. A truly remarkable waterfront offering where privacy and location combine to create a legacy property awaiting its next proud owner to renovate. **Some photos are Virtually Staged and remodeled to show potential** (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 139 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Severn is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,499,000, about 32.2× the local median household income of $77,500.
Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 530% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.