1002 Cowbell Lane
Gravenhurst, ON
- 7 bed
- 7 bath
- approx. 5000 + sqft
- Detached
- 5 days on market
OPPORTUNITIES ARE ENDLESS WITH THIS 7-BEDROOM HOME ON THE SEVERN RIVER WITH NEARLY 5,100 SQ. FT., 7 BATHS, 3 KITCHENS, 380 FT OF WATERFRONT, OVER AN ACRE & CC-5 ZONING! This house has a story to tell, but some of its best chapters are still waiting to be written. More than an acre extends along 380 ft of the Severn River, where the lawn meets the shoreline and a newer dock gives you direct access to the water. Set out toward Sparrow Lake and the Trent-Severn Waterway, then return to an extensive wraparound deck, patio spaces, mature perennial gardens, a volleyball court and horseshoe pit. Significant improvements include an updated main kitchen, updated bathrooms, plumbing upgrades, select window replacements, fresh paint, copper wiring, a 400 amp electrical panel and updated decks. Nearly 5,100 sq. ft. above grade offers tremendous potential for a large household or multigenerational living, with generous principal rooms defined by 10 ft ceilings, original woodwork, hardwood flooring and three fireplaces. The main kitchen features granite countertops, extensive cabinetry, stainless steel appliances and a large island, while three kitchens throughout the residence broaden the possibilities for how the floor plan can be used. The second level offers a primary bedroom with a private balcony, walk-in closet, ensuite and a den, plus additional bedrooms with a mix of ensuite and semi-ensuite access. Its former life as the Severn River Inn adds another fascinating layer to a waterfront property now enjoyed as a private residence, with CC-5 zoning offering potential permitted uses such as a bed and breakfast establishment, business office or tourist establishment. The next chapter could be multigenerational, entrepreneurial or centred entirely around an exceptional life on the water, and the freedom to decide what comes next may be the most exciting part of all.
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Listing Details
- Taxes (2025)
- $8,107
- Listed
- September 14, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Accessory Apartment, In-Law Capability, Propane Tank, Sump Pump, Water Treatment
- Lot Size
- 380 x 119.22 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Manson Ln/Cowbell Ln
- Zoning
- CC-5
- Parcel Number
- 480420639
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Stove x3, Fridge x4, Freezer, Microwave x3, Washer, Dryer, Gazebo, Docks, Patio Table, All Light Fixtures, All Window Coverings, Murphy Bed, Pool Table, & Volleyball Net.
- Exclusions
- Hot Tub.
- Rental Items
- Propane Tank, & Water Heater x2.
Waterfront
- Water Body
- Severn River
- Shoreline
- Soft Bottom
- Docking
- Private
Schools
Elementary
- K P Manson Public School1.4 km
Public · Trillium Lakelands DSB · 195 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 29% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0E
- Population
- 3,606
- Private dwellings
- 3,164
- Median age
- 54.4
- Average household size
- 2.3
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Gravenhurst · last 12 months
- Median sold price
- $625,000
- Homes sold
- 228
- Median days on market
- 34
- Sale-to-list price
- 94.8%
Based on 228 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Listed by
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
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Location
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Mortgage Calculator
$190,000
Estimated Monthly Payment
$4,667
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $4,667/mo (20% down, 5.5%)
Taxes: $676/mo · Insurance: $238/mo
Estimates only. Consult a financial advisor.
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