$824,900

For sale

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1729 Ellis Road, Severn - Single Family for Sale

1729 Ellis Road, Severn, Ontario, L0K1E0

3 beds1 bath10 parking ft²

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

45 Sheppard Street, Severn (Coldwater), Ontario, L0K1E0

For saleJust listed

Today

$950K

45 Sheppard Street, Severn (Coldwater), Ontario, L0K1E0

5 bd3 ba6 pk1,750 ft²Lot size 62 × 176 ft (10,847 sq ft)

Listed by FARIS TEAM REAL ESTATE BROKERAGE

3134 Goldstein Road, Severn (West Shore), Ontario, L0K2B0

For saleJust listed

Today

$850K

3134 Goldstein Road, Severn (West Shore), Ontario, L0K2B0

3 bd3 ba7 pk2,250 ft²Lot size 50 × 150 ft (7,480 sq ft)

Listed by KELLER WILLIAMS EXPERIENCE REALTY

3558 E Burrows Bay Road, Severn, Ontario, L0K1E0

For saleJust listed

2 days ago

$1M

3558 E Burrows Bay Road, Severn, Ontario, L0K1E0

2 bd1 ba10 pk900 ft²Lot size 272 × 201 ft (1.25 acres)

Listed by RE/MAX HALLMARK CHAY REALTY

Investment analysis

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$824,900

Severn

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100 × 358 ft (35,750 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Severn is for sale offering roughly 900 sq ft of space. Listed at $824,900, it is attractively priced about 8% below the $899,900 median asking price in Severn. It has been on the market 69 days, fresher than the Severn average of 89 days.

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Description

Maclean Lake property offering a 3 season A frame cottage featuring natural Muskoka granite rocks and .80 of an acre lot sloping gently to 100 ft of waterfront. The large bunkie provides extra sleeping quarters for large family vacations. The cottage is easily accessible by paved municipal road close to Coldwater. Updated septic system pumped and inspected. Close to Toronto. Very easily rented for family vacations. (id:66096)

Property Details

MLS®: S13719668
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 900 ft²
Lot Size: 100 × 358 ft (35,750 sq ft)
Frontage: 100 ft
Storeys: 2
Basement: Crawl space
Heating: Baseboard heaters, Electric, Propane, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $2,709/yr
Listed: 69 days ago

Rooms

Main level

Living room: 3.86 x 3.48 meters
Kitchen: 3.23 x 2.4 meters
Bedroom: 2.95 x 2.36 meters

Second level

Bedroom 2: 3.38 x 2.95 meters
Bedroom 3: 3.38 x 2.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Microwave, Furniture, Window Coverings, Water Heater
Foundation: Wood/Piers
Exterior: Wood, Aluminum siding

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Severn listings, avg age

89d

Price / ft²

$917

List price

$825K

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 has been listed for 69 days, which is 20 days fresher than the city average of 89. Act while there is still low competition.

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Listed by REMAX CONNECT REALTY · DAVIS KUKSIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $824,900, about 9.4× the local median household income of $88,000.

Carrying it typically needs a household income of about $161,132 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $88,000
Population: 38,386
Median age: 50.8
Owner / renter: 90% / 11%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0K)

$824,900· $917/ft²

For sale

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Full Cost Breakdown

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Down Payment6.97% · $57,490

Min 6.97%50%

Mortgage payment$4,255/mo

↳ CMHC premium ($30,696 capitalized)

Property tax (est.)$226/mo

Total monthly$4,480

Cash Needed to Close

Down payment (6.97%)$57,490

Land transfer tax$12,973

Est. closing costs$4,975

Total cash needed$75,438

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