$999,000
Severn
1581 Port Stanton Parkway, Severn, Ontario, P0E1N0
This 5-bedroom, 5-bathroom home in Severn is for sale offering roughly 4,250 sq ft of space. It has been on the market 47 days, fresher than the Severn average of 89 days.
Dreaming of a waterfront lake house? How about a charming farmhouse, PLUS a separate 3-season multigenerational/rental unit as well? Step back in time and discover one of Sparrow Lake's original farmhouses, dating back to 1917, where character, history, and waterfront living come together on an extraordinary 1.5-acre point of land. With 166 feet of pristine shoreline, a sprawling sandy beach, private dock, and breathtaking panoramic views, this rare property offers sunshine from sunrise to sunset along the famed Trent-Severn Waterway. Rich with charm and nostalgia, the farmhouse offers 3 bedrooms, 3 bathrooms, and a flexible main-floor space perfect as a dining room, home office or additional gathering area. Use your imagination to bring back its authentic character and create an exceptional canvas for someone looking to restore and reimagine a true waterfront classic. Upstairs, a whimsical third-floor attic creates the ultimate hideaway for kids - a magical space for play, imagination, sleepovers, and memories that will last a lifetime. Step outside to the upper-level terrace, where sparkling lake views stretch across the water, offering the perfect perch for morning coffee, afternoon lounging, or evening stargazing. Complementing the main residence is a unique three-season guest retreat 'The Maples', featuring two private bedroom suites, each with its own bathroom, connected by a welcoming shared kitchen, dining, and living space-ideal for hosting extended family, friends, or generating rental income. The flat, usable grounds invite endless outdoor enjoyment, from lawn games and campfires to lazy afternoons at the beach. Wander to the tip of the point and watch boats glide by as the sun dances across the water from dawn until dusk.This is more than a waterfront property, it's a place where generations gather, stories are shared, and the timeless magic of cottage life lives on. Rarely does an opportunity arise to own such a magical piece of Sparrow Lake history. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 89 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 5-bed single family in Severn has been listed for 47 days, which is 42 days fresher than the city average of 89. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 12.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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