$634,900

$639,900For salePrice drop↓ $5,000 (1%)

4202 Canal Road, Severn - Single Family for Sale

4202 Canal Road, Severn, Ontario, L0K2B0

3 beds2 baths3 parking1,300 ft²96 × 146 ft (14,016 sq ft) lot sizeListed 58 days ago

Overview

This 3-bedroom, 2-bathroom home in Severn is for sale offering roughly 1,300 sq ft of space. Listed at $634,900, it is attractively priced about 29% below the $899,899 median asking price in Severn. It has been on the market 58 days, fresher than the Severn average of 88 days.

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Description

Wecome to 4202 Canal Road on the Severn River, part of the Trent Severn Waterway. A perfect blend of Family Home and Waterfront Vacation Destination! This delightful split level home offers over 2,000 sq. ft. of finished living area. River side offers 96 feet of water frontage and rate to find In-Water Boathouse for your water-toys. The Main Level includes a large living room with Walk out to Impresssive Sundeck. Separate Dining room also walks out to the Deck. 3 Bedrooms with primary having is own Private Sundeck. Galley style Kitchen steps out to an adorable Covered Porch. The Lower Level is finished with a Second Bathroom, furnace/laundry room and an expansive Family room that boasts Bar area, Hot Tub, propane Fireplace and ground level palk out to Patio. There is also a Workshop, Storage Shed and water pump from the river to assist with maintaining the Manicured Gardens found throughout the property. Perfectly situated just outside of Washago, north of Lock 42. A most Tranquil Country Setting where you can Peacefully enjoy Panoramic Water Views.... Welcome Home! (id:66096)

Property Details

MLS®: S13760136
Property Type: Single Family
Zoning: SR2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 96 × 146 ft (14,016 sq ft)
Frontage: 96 ft
Basement: Finished, Walk out, N/A
Heating: Electric, Propane, Other, Geo Thermal
Garage: Carport, No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,496.38/yr

Rooms

Main level

Living room: 6.52 x 2.89 meters
Kitchen: 2.75 x 2.97 meters
Dining room: 2.75 x 2.97 meters
Primary Bedroom: 3.41 x 4.73 meters
Bedroom 2: 2.33 x 2.89 meters
Bedroom 3: 2.93 x 2.9 meters
Bathroom: 2.29 x 1.51 meters

Lower level

Family room: 3.36 x 7.73 meters
Bathroom: 2.83 x 1.68 meters
Utility room: 4.57 x 5.64 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Irregular lot size, Sloping, Waterway

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Cable, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

58d

Severn listings, avg age

88d

Price / ft²

$488

List price

$635K

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 58 days, which is 30 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. · LEAH CAVANAUGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $634,900, about 7.2× the local median household income of $88,000.

Carrying it typically needs a household income of about $124,018 (20% down, 25-yr amortization, stress-tested) — roughly 41% 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)

$634,900· $488/ft²

For sale

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Full Cost Breakdown

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Down Payment6.06% · $38,490

Min 6.06%50%

Mortgage payment$3,307/mo

↳ CMHC premium ($23,856 capitalized)

Property tax (est.)$291/mo

Total monthly$3,598

Cash Needed to Close

Down payment (6.06%)$38,490

Land transfer tax$9,173

Est. closing costs$4,405

Total cash needed$52,068

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