$698,818

For sale

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1662 Penley Road, Severn - Single Family for Sale

1662 Penley Road, Severn, Ontario, L3V6H3

3 beds1 bath7 parking ft²

4059 Ash Crescent, Severn, Ontario, L3V0V1

2 bd1 ba3 pk900 ft²

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

4202 Canal Road, Severn, Ontario, L0K2B0

For saleJust listed

Yesterday

$635K

4202 Canal Road, Severn, Ontario, L0K2B0

3 bd2 ba3 pk1,300 ft²Lot size 96 × 146 ft (14,016 sq ft)

Listed by Century 21 B.J. Roth Realty Ltd.

3299 Shoreview Drive, Severn, Ontario, L0K2B0

For saleJust listed

Yesterday

$950K

3299 Shoreview Drive, Severn, Ontario, L0K2B0

5 bd3 ba14 pk1,750 ft²Lot size 56 × 244 ft (13,748 sq ft)

Listed by FARIS TEAM REAL ESTATE BROKERAGE

5591 Upper Big Chute Road, Severn (Coldwater), Ontario, L0K1E0

For saleJust listed

Yesterday

$599K

5591 Upper Big Chute Road, Severn (Coldwater), Ontario, L0K1E0

4 bd1 ba8 pk900 ft²Lot size 53 × 420 ft (22,050 sq ft)

Listed by Royal LePage In Touch Realty

Investment analysis

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$698,818

Severn

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10.50 acres lot size

Overview

This 3-bedroom, 1-bathroom home in Severn is for sale offering roughly 1,300 sq ft of space. Listed at $698,818, it is attractively priced about 22% below the $899,899 median asking price in Severn.

Houses for Sale in Severn →All real estate in Severn →

Description

What an amazing Location! This property boasts a Fantastic 10.5 acres at the corner of Highway 11 and Penley Road in Orillia. Also a second entrance that backs onto Division Road. Detached House, 3 Beds, 1 Bath. Brand new roof (Dec. 2025). New Water Filtration System (April 2026), Septic Tank recently cleaned (March 2026). Perfect for Live-in or rent-out. Currently tenanted (month to month), willing to stay or you can have vacant possession. Excellent trails, snowmobiles, ATV etc. Plenty of room to play and enjoy. Build/Development potential. Close to all amenities. (id:66096)

Property Details

MLS®: S13566394
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 10.50 acres
Storeys: 1
Basement: Unfinished, Full
Heating: Natural gas, Other
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $1,350.34/yr
Listed: 114 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Water Treatment
Exterior: Stone, Stucco

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

114d

Severn listings, avg age

88d

Price / ft²

$538

List price

$699K

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.

Haho

This 3-bed single family in Severn is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MILAD NASER-HOJJATI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $698,818, about 9.0× the local median household income of $77,500.

Carrying it typically needs a household income of about $136,504 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$698,818· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,881.80

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,157 capitalized)

Property tax (est.)$113/mo

Total monthly$3,738

Cash Needed to Close

Down payment (6.42%)$44,882

Land transfer tax$10,451

Est. closing costs$4,596

Total cash needed$59,929

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice