$1,150,000

For saleJust listed

3583 Riverdale Drive, Severn (Washago) - Single Family for Sale

3583 Riverdale Drive, Severn (Washago), Ontario, L0K2B0

5 beds3 baths6 parking1,750 ft²125 × 176 ft (21,912 sq ft) lot sizeListed 6 days ago

Overview

This 5-bedroom, 3-bathroom home in Severn is for sale offering roughly 1,750 sq ft of space. It has been on the market 6 days, fresher than the Severn average of 86 days.

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Description

Welcome to your own paradise! Whether you are looking for a romantic retreat, a family getaway, or to entertain your guests, this place has it all. Recently renovated, no expenses were spared. This paradise on the water with its own sandy beach, with two docks is perfect for those summer dips, fall retreats and winter coziness by the fireplace. Painting worthy scenery surrounds you on all sides. Conveniently located an hour away from GTA makes this place perfect for those easy retreats to the country side. At the same time you are conveniently located withing minutes of Washago City with hardware stores, restaurants, and grocery stores, and everything else one would need for prolong vacations. Great AIRBNB potential for those looking to generate extra income. Waterfront, all year round, four seasons. Ensuite with separate entrance and bathroom on site. Come for a viewing to fall in love with this one of a kind property! (id:66096)

Property Details

MLS®: S14127142
Property Type: Single Family
Zoning: SR1
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 125 × 176 ft (21,912 sq ft)
Frontage: 125 ft
Storeys: 2
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Ground level

Bedroom 2: 3.3 x 2.6 meters
Bedroom: 5.85 x 4.99 meters
Other: 5.85 x 4.99 meters
Eating area: 3.55 x 3.06 meters
Kitchen: 3.43 x 4.15 meters
Bathroom: 2.35 x 1.54 meters

Second level

Bedroom: 5.83 x 2.53 meters
Bedroom 3: 2.72 x 2.67 meters
Bedroom 4: 3.18 x 2.69 meters
Bathroom: 2.6 x 1.49 meters

Features

Appliances: Water Treatment, Furniture
Foundation: Concrete
Exterior: Wood
Lot Features: Wooded area, Irregular lot size

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Severn (Washago) listings, avg age

86d

Price / ft²

$657

List price

$1.15M

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 5-bed single family in Severn (Washago) has been listed for 6 days, which is 80 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · EVA ARANUSH DE KRUPE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $1,150,000, about 13.1× the local median household income of $88,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 155% 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)

$1,150,000· $657/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$339/mo

Total monthly$6,216

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$19,475

Est. closing costs$5,950

Total cash needed$115,425

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