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$675,000
Severn
3414 Lee Avenue, Severn (West Shore), Ontario, L0K1G0
This multi-family property in Severn is for sale offering roughly 6,588 sq ft of space.
LEGAL DUPLEX *** Brand new roof(2026) *** 2657 sq ft of total living space near the lake. 3 + 2 bedrooms raised bungalow, so tall that it looks like a two-storey and provides large windows for the basement. Upstairs: a huge living and dining room, modern kitchen with walk out to fenced yard, 3 bedrooms and 4 pc bath. Downstairs: 2 bedrooms, 4 pc bath, same modern kitchen with a dishwasher, Walk-out to yard. A solid construction, ICF foundation, build in 2008 as a duplex, with multiple entries for each units, Central A/C, carpet free. *** Two completely separated units, upstairs and downstairs, only sharing the laundry. Live upstairs and let the rent from the basement apartment to pay your mortgage. Short walk to Severn Shores Public School and a community beach with a small annual fee, easy access to Hwy 11. Pictures digitally modified to remove tenant's personal items. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 78 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 multi-family in Severn (West Shore) 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 $675,000, about 7.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
