$2,699,000
Severn
Upper Big Chute Road, Severn, Ontario, L0K1E0
This 9-bedroom, 6-bathroom home in Severn is for sale offering roughly 4,250 sq ft of space. It has been on the market 80 days, fresher than the Severn average of 88 days.
Where boutique lodge vibes meet laid-back adventure, this extraordinary Tea Lake compound offers a rare opportunity to own not one, but 3 fully equipped waterfront cottages on a spectacular peninsula-like setting with 331' of south-facing shoreline. With panoramic lake views and incredible privacy this is the ultimate setup for investors, multi-generational families, or companies seeking an unforgettable corporate retreat. The main cottage sits right at the water's edge and spans over 4,000 sq. ft., featuring 4 bedrooms, 4 bathrooms, a walkout lower level, and expansive entertaining spaces designed for hosting large gatherings. A massive dining area with an industrial built-in BBQ and commercial-style ventilation creates the ultimate lakeside entertaining experience. The second cottage offers 2 bedrooms, a 3-piece bathroom, a full kitchen, a comfortable living space, private deck, stunning lake views, and easy access to the dock and the waterfront. The third cottage is perfectly tucked away for added privacy while still enjoying lake views. Featuring 3 bedrooms, a 3-piece bathroom, a full kitchen, a cozy sitting area, and a propane fireplace, this cottage is ideal for relaxed evenings at the lake. The property is ready for immediate enjoyment or to explore rental income potential. A 2-car detached garage, multiple private outdoor areas, fire pits, picnic spaces, excellent swimming, boating, fishing, and docking complete the experience. Located just 90 minutes north of Toronto and a short boat ride to the iconic Big Chute Marine Railway on the historic Trent-Severn Waterway, this property sits beside a quiet channel connecting Tea Lake directly to the Severn River, placing endless boating and cottage country adventures right at your doorstep. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 80 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 9-bed single family in Severn has been listed for 80 days, which is 8 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,699,000, about 30.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $527,209 (20% down, 25-yr amortization, stress-tested) — roughly 499% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.