$1,299,999

For sale

3146 Wasdell Falls Road, Severn (Washago) - Single Family for Sale

3146 Wasdell Falls Road, Severn (Washago), Ontario, L0K2B0

4 beds5 baths8 parking4,250 ft²699 × 733 ft (11.75 acres) lot sizeListed 65 days ago

Overview

This 4-bedroom, 5-bathroom home in Severn is for sale offering roughly 4,250 sq ft of space. It has been on the market 65 days, fresher than the Severn average of 86 days.

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Description

Top 5 Reasons You Will Love This Home: 1) Discover the exceptional possibilities of this impressive 41-acre hobby farm, offering a peaceful rural setting with expansive grounds while remaining just a short drive from the town of Washago and convenient access to Highway 11 2) Spacious two-storey home offering four bedrooms and five bathrooms, complemented by a durable metal roof, brick, and aluminum siding exterior, attached two-car garage, and driveway with parking for six additional vehicles, providing excellent comfort and everyday functionality 3) Designed for year-round enjoyment, the backyard features a heated saltwater pool surrounded by expansive greenspace, fragrant lavender fields, and mature trees, creating a beautiful private setting with plenty of room to relax and entertain 4) The heated Quonset barn offers exceptional versatility with endless potential for an equestrian setup, chicken coop, workshop, or dedicated hobby space, while providing ample room for equipment, recreational vehicles, and other outdoor essentials 5) Enjoy the added benefit of income-generating solar panels providing approximately $8,000-$10,000 annually in returns, combining the property's scenic rural appeal with an opportunity for ongoing supplemental income. 3,505 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the home. (id:66096)

Property Details

MLS®: S13730476
Property Type: Single Family
Zoning: RU
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 8
Interior Size: 4,250 ft²
Lot Size: 699 × 733 ft (11.75 acres)
Frontage: 699 ft
Storeys: 2
Basement: Partially finished, Partial
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Pool: Yes
Ownership

Rooms

Main level

Family room: 8.45 x 5.73 meters
Sunroom: 7.72 x 4 meters
Living room: 5.35 x 4.52 meters
Dining room: 4.52 x 3.76 meters
Kitchen: 3.97 x 3.88 meters
Sunroom: 8.54 x 1.86 meters

Upper Level

Bedroom: 4.34 x 3.47 meters
Bedroom: 3.75 x 3.47 meters
Primary Bedroom: 5.23 x 3.14 meters
Bedroom: 4.22 x 2.95 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Wooded area, Irregular lot size

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Severn (Washago) listings, avg age

86d

Price / ft²

$306

List price

$1.30M

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 4-bed single family in Severn (Washago) has been listed for 65 days, which is 21 days fresher than the city average of 86. Act while there is still low competition.

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Listed by FARIS TEAM REAL ESTATE BROKERAGE · MARK FARIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $1,299,999, about 14.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $253,935 (20% down, 25-yr amortization, stress-tested) — roughly 189% 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)

$1,299,999· $306/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,999.90

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,800 capitalized)

Property tax (est.)$481/mo

Total monthly$7,106

Cash Needed to Close

Down payment (8.08%)$105,000

Land transfer tax$22,475

Est. closing costs$6,400

Total cash needed$133,875

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