$499,000
Severn
4163 Smith Lane, Severn, Ontario, L0K1E0
This 2-bedroom home in Severn is for sale offering roughly 350 sq ft of space.
SEVERN RIVER- Imagine, Your Morning Coffee overlooking The Water. Deep-water swimming. Fishing. Paddle boarding. Or untie The Boat and head out to explore The Trent-Severn Waterway. Your 180 Degree View at The Waters Edge is what makes this place special, An opportunity to own 50 feet of waterfront with an impressive 532-foot-deep lot and direct access to The Legendary Trent-Severn Waterway and Endless Boating Adventures Right from your Shoreline. ***THE DETAILS***The Existing Cottage is 330 sq. ft. as per the Floorplan (inside walls), Features 2 Bedrooms plus a Loft and is Serviced with Hydro and Phone (EastLink). Starlink high-speed Internet is Readily available in The Area, making it Easy to Stay Connected while Enjoying Cottage Life. There is currently no Bathroom or Septic System. The Cottage is presently situated on The South Lot Line, Creating an Interesting Opportunity for Buyers who may wish to explore Redesigning The Existing Cottage or Other Future Possibilities with The Township. A large detached shed (The Sellers call The Boathouse!) provides additional Storage. The Existing Shore Dock has not been used for some time and requires some TLC, but The Waterfront Setting is The Real Attraction. Located on one of the wider areas of the Severn River, directly across from Wood Bay, *** MORE INFO *** The Zoning is SR1-Amazing water quality and Located between Swift Rapids LOCK 43 and the Big Chute Marine Railway LOCK 44, you're right in the heart of the Trent-Severn Waterway and 1 more lock away is Port Severn LOCK 45 and out to Georgian Bay . Head out by boat and explore an incredible network of lakes, rivers and communities-or stay home and enjoy life along the Severn River. Whether you're looking for an Affordable Entry into Waterfront Ownership, a Recreational Getaway or a Unique Waterfront Property with Possibilities to Explore, 4163 Smith Lane offers a chance to create your own place on the Severn River. Your Cottage Called... Meet You on The Dock... (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 86 days on market, against an average age of 88 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 has been listed for 86 days, which is 2 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 5.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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