$599,000

For saleJust listed

5591 Upper Big Chute Road, Severn (Coldwater) - Single Family for Sale

5591 Upper Big Chute Road, Severn (Coldwater), Ontario, L0K1E0

4 beds1 bath8 parking900 ft²53 × 420 ft (22,050 sq ft) lot sizeListed Today

Overview

This 4-bedroom, 1-bathroom home in Severn is for sale offering roughly 900 sq ft of space. Listed at $599,000, it is attractively priced about 12% below the $679,000 median asking price in Severn. It has been on the market 0 days, fresher than the Severn average of 49 days.

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Description

SEVERN RIVER on the Trent-Severn Waterway! Gorgeous DEEP WATER, an Expansive Waterfront Dock and The Charm of a Traditional Family Cottage Nestled among Towering Trees and Natural Granite! Situated on a Beautifully Wooded 0.46-acre Property with 50 Feet of Waterfront Frontage. Imagine Stepping from your Cottage deck onto The Spacious Dock, where Boating, Swimming, Fishing and Beautiful Open-Water Views are part of Everyday Cottage Life. This Much-Loved Family Retreat has been a Special Place for Making Memories for 38+ Years, and Now offers The Opportunity for a New family to Create Their Own. Convenient access directly from paved municipal Upper Big Chute Road Makes getting to your Waterfront Getaway easy! THE DETAILS: The Cottage features 4 bedrooms, a Bathroom area with a Composting Toilet and a Separate Shower Room. The Large Waterfront Dock Stretches across The Shoreline, providing Wonderful Space to Relax, Entertain and Enjoy The Deep Water. FOUR Storage Sheds offer Exceptional Space for Cottage Essentials, Boating Equipment and Outdoor Gear, including an Impressively Organized Workshop Resembling your Very Own Little Hardware Store! A Fishing BOAT IS INCLUDED with The Sale. MORE INFO: Enjoy The Beauty and Adventure of The Trent-Severn Waterway, from Leisurely Boat Rides along The Severn River to peaceful mornings overlooking The Water. Surrounded by Mature Trees and The Natural Beauty of The Canadian Shield, this Cottage offers The Simple Pleasures that make Waterfront Living so Special. A place to Unplug, Unwind and Make Lasting Memories. Bring your ideas, Your Family and Friends & Your Love of Cottage Country to this Treasured Family Waterfront Retreat, ready for its Next Chapter. PLEASE NOTE: The cottage, property, structures, fixtures, appliances, fireplace, dock, outbuildings and included boat are being sold strictly with no warranties. The Seller makes no representations or warranties regarding their condition or operation. (id:66096)

Property Details

MLS®: S14150548
Property Type: Single Family
Zoning: SR3
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Half Baths: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 53 × 420 ft (22,050 sq ft)
Frontage: 53 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Other, Other
Cooling: None
Garage: No Garage
Waterfront

Rooms

Main level

Kitchen: 7.01 x 2.41 meters
Dining room: 4.09 x 1.52 meters
Living room: 4.09 x 3.3 meters
Primary Bedroom: 2.31 x 3.61 meters
Bedroom 2: 3.3 x 2.13 meters
Bedroom 3: 2.82 x 2.29 meters
Bedroom 4: 2.82 x 2.34 meters
Bathroom: 1.27 x 0.89 meters
Other: 1.83 x 2.13 meters

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

Features

Foundation: Wood/Piers
Exterior: Wood
Lot Features: Irregular lot size

Services

Water: Lake/River Water Intake
Utilities: Electricity, Telephone, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Severn (Coldwater) listings, avg age

49d

Price / ft²

$666

List price

$599K

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 4-bed single family in Severn (Coldwater) has been listed for 0 days, which is 49 days fresher than the city average of 49. Act while there is still low competition.

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Listed by Royal LePage In Touch Realty · HEATHER CORY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $599,000, about 6.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$224/mo

Total monthly$3,352

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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