+ 24 photosFor Sale · Detached
5 Severn River 406, Muskoka Lakes, ON L0K 1E0
Muskoka Lakes · Wood (Muskoka Lakes)
167 days on market
▾ PRICE CHANGE
▶ Virtual Tour3
Beds
1
Baths
0
Parking
700-1100
Sq ft
31-50 yrs
Built
The honest picture
$729,000 list price. Neighbourhood benchmark for this home type is being prepared.
About this home
- Water access only; no road access to property
- 3 bedrooms, 1 bathroom, 700–1,100 sq ft
- Nearly 5 acres with over 300 feet of shoreline and private dock
- Firepit and front deck included
- Located minutes by boat from town dock with restaurants and groceries
- Previously operated as short-term rental
Key points summarised from the listing description.
Property details
Listed on
April 1, 2026
Days on market
167 days
Property tax
$2,148 (2025)
Lot
323 × 622 Feet
Style
Bungalow-Raised
Heating
Other
Cooling
Wall Unit(s)
MLS®
X12946744
Full details
Parking
GarageNone
Parking featuresNone
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Laundry | Main | 4.29 × 3.01 | — |
| Bedroom | Main | 4.66 × 3.38 | — |
| Bedroom 2 | Main | 3.41 × 2.65 | — |
| Bedroom 3 | Main | 3.41 × 326 | — |
| Kitchen | Main | 4.69 × 4.78 | — |
| Living Room | Main | 4.69 × 4.69 | — |
| Bathroom | Main | 1.88 × 2.31 | 3 Pc Bath |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 1, 2026 | — | $729,000 ▼ | Price cut | X12946744 |
| April 1, 2026 | — | $779,900 | Listed | X12946744 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.6% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$11,055
Legal · title · inspection$2,800
Closing costs$13,855
Down payment$145,800
Total cash to close$159,655
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
