$799,000

For sale

3400 Reservoir Road, Severn - Single Family for Sale

3400 Reservoir Road, Severn, Ontario, L0K1E0

3 beds2 baths8 parking1,300 ft²251 × 2155 ft (12.41 acres) lot sizeListed 35 days ago

Overview

This 3-bedroom, 2-bathroom home in Severn is for sale offering roughly 1,300 sq ft of space. Listed at $799,000, it is attractively priced about 11% below the $899,899 median asking price in Severn. It has been on the market 35 days, fresher than the Severn average of 88 days.

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Description

Imagine raising your family with room to roam, explore, and truly enjoy the outdoors-this nearly 23-acre property offers exactly that. Surrounded by nature, it's a place where kids can play freely, families can gather, and lasting memories are made year-round.Despite the peaceful, private setting, you're just minutes from major highway access, making daily commutes and weekend plans simple. Schools, shopping, and everyday essentials are all within easy reach, giving your family the perfect balance of convenience and country living.The home offers approximately 1,356 sq. ft. above grade with three bedrooms and a partially finished basement, providing flexible space that grows with your family. Whether it's a cozy movie room, a play area for the kids, or additional living space, there's room to adapt to your lifestyle.An attached two-car garage adds everyday practicality, with space for vehicles, storage, or hobbies.This is more than just a home-it's an opportunity to create the lifestyle many families dream of: space, privacy, and the freedom to live the way you want.Don't miss your chance to make it yours (id:66096)

Property Details

MLS®: S13855590
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 251 × 2155 ft (12.41 acres)
Frontage: 251 ft
Basement: Partially finished, Full
Heating: Forced air, Oil, Wood
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,189/yr
Listed: 35 days ago

Features

Foundation: Concrete
Exterior: Vinyl siding, Brick Facing
Lot Features: Cul-de-sac, 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

35d

Severn listings, avg age

88d

Price / ft²

$615

List price

$799K

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 35 days, which is 53 days fresher than the city average of 88. Act while there is still low competition.

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Listed by CENTURY 21 B.J. ROTH REALTY LTD. · GORD JAENSCH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $799,000, about 9.1× the local median household income of $88,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 77% 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)

$799,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$266/mo

Total monthly$4,391

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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