3118 Grange Avenue, Severn, Ontario, P0E1N0




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$899,999
Severn
This 2-bedroom, 1-bathroom home in Severn is for sale offering roughly 900 sq ft of space. Its $899,999 asking price sits right in line with the $899,900 median in Severn.
Newly built cottage on the Severn river on a year round road. 2 bedroom open concept cottage with a large loft and vaulted ceilings. Beautiful eat in kitchen and deck overlooking the water.Grandfathered in and built close to the waterfront. Large family room with large bright windows all facing the water. Fully spray foamed and winterized for potential year round use.Needs heater water line . Endless boating and water activities.Lake water with filter system and new septic. Large lot with room for expansion, addition, garage or bunkie.Book your viewing today and enjoy for this summer. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 138 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 2-bed single family in Severn 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 $899,999, about 10.8× the local median household income of $83,000.
Carrying it typically needs a household income of about $175,801 (20% down, 25-yr amortization, stress-tested) — roughly 112% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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