$1,099,999
Severn
1887 Ellis Road, Severn (Coldwater), Ontario, L0K1E0
This 5-bedroom, 2-bathroom home in Severn is for sale offering roughly 2,250 sq ft of space.
Welcome to your year-round waterfront retreat on beautiful MacLean Lake, offering direct access to Gloucester Pool & the Trent Severn Waterway. Set on a picturesque 0.73-acre lot w/ 91ft of Southern exposure waterfront, this versatile property is ideal as a family home, cottage getaway, or multi-generational retreat with endless possibilities. The main level features an open-concept kitchen, living & dining area designed for gathering with family & friends, complete w/ a walkout to a spacious deck overlooking the property & lake. Three comfortable bedrooms & a 3pc bath complete the main floor. The fully finished lower level offers incredible flexibility w/ its own entrance, making it an ideal in-law suite or rental. This space features an open-concept kitchen, living & dining area, 2 bedrooms, a 3pc bath, laundry rm, cozy wood burning stove, & walkout to a large covered patio w/ peaceful waterfront views. Outside, the impressive amenities continue w/ an oversized 2 car detached shop complete w/ a 7,000lb vehicle lift, a charming Panabode bunkie for overflow guests, an outhouse, & 4 additional storage sheds providing room for all your tools, toys, & equipment. Enjoy effortless waterfront living w/ a private dock, beautiful lake views, & a small boat ramp perfect for launching your Sea-Doos or other small watercraft. Additional features include updated windows & patio doors (2019), a durable metal roof on the main home, shingle roofs on the outbuildings (2019), propane furnace (2019), A/C (2019), central vac, UV water system, drilled well, generator (2019), & more. Conveniently located on a year-round municipally maintained rd w/ garbage/recycling collection, this property combines the tranquility of cottage living w/ the convenience of year-round services. Located just 1.5 hours from the GTA and 15 mins from the 400 Hwy. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 97 days on market, against an average age of 49 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 (Coldwater) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,099,999, about 12.5× the local median household income of $88,000.
Carrying it typically needs a household income of about $214,868 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.