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Rural Severn, Severn
$899,000
Top 5 Reasons You Will Love This Home: 1) Spacious four bedroom, three bathroom home thoughtfully designed to capture beautiful water views from the bright, open-concept kitchen and dining area, creating the perfect backdrop for everyday living and entertaining 2) Spectacular living room showcasing an impressive floor-to-ceiling stone fireplace, creating a warm and inviting focal point for gathering with family and friends 3) Enjoy over 1,800 square feet of expansive outdoor decking, offering multiple spaces to relax, entertain, and take in breathtaking panoramic views of Lake Couchiching 4) Designed to embrace indoor-outdoor living, this exceptional home features four walkouts, including an impressive living room that seamlessly connects the interior to the surrounding outdoor spaces 5) Ideally situated within walking distance of the community boat launch and water access to Lake Couchiching and the Trent-Severn Waterway, making it easy to enjoy boating, fishing, paddling, and all the best of waterfront living. 1,411 above grade sq.ft. plus a finished lower level. *Please note some images have been virtually staged to show the potential of the home.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,716 |
| Lot Size | 123.96 ft x 215.53 ft |
| mls© Number | S13620010 |
| Listed By | FARIS TEAM REAL ESTATE BROKERAGE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $393
- Heat allowance
- $150
- Housing costs
- $5,144 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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