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Rural Severn, Severn
$1,349,900
Top 5 Reasons You Will Love This Home: 1) Enjoy 144' of Trent-Severn Waterway frontage complete with a private dock, sandy walk-in shoreline, and an approximately 20'x40' dry boathouse with an adjoining deck, creating an exceptional waterfront setting for boating, swimming, and outdoor recreation 2) Explore the renowned Trent-Severn Waterway with outstanding boating access to Sparrow Lake, Lake Couchiching, Lake Simcoe, Georgian Bay, and the iconic Big Chute Marine Railway 3) Main level featuring a spacious eat-in kitchen open to the living room with cathedral ceilings and beautiful water views, along with a primary bedroom offering a private ensuite and a bay window overlooking the waterfront 4) Fully finished walkout lower level featuring a complete in-law suite with its own kitchen and separate entrance, while the heated and insulated attached garage and covered carport provide exceptional space for vehicles, boats, trailers, and all your recreational gear 5) Positioned on a quiet low-traffic, dead-end street, and just a short drive to Highway 11 access, the professionally landscaped grounds showcase armour stone, interlock walkways, multiple decks, and inviting outdoor sitting areas, creating the perfect setting to relax and entertain. 1,752 above grade sq.ft. plus a finished lower level.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,204 |
| Lot Size | 144.42 ft x 192.9 ft |
| mls© Number | S13662602 |
| 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%
- $6,909
- Property tax
- $434
- Heat allowance
- $150
- Housing costs
- $7,493 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$231,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $269,980
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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