1431 Walters Lane, Severn, ON

$499,000
MLS#:S9311158
3 beds
1 baths
700-1100 sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient other heating via other

Welcome to your idyllic private retreat on Sparrow Lake, Severn Bridge, Ontarioa rare gem offering 153 feet of water frontage and .62 acres of serene flat land. With its northern exposure, you'll enjoy stunning lake views from dusk till dawn. This property is a perfect canvas for your dream waterfront home. The existing cottage is ready for renovation or replacement, providing endless possibilities to create a personalized lakeside haven. The flat terrain offers ample parking and easy access, ensuring convenience for family and friends. The large work garage adds practicality and additional storage space, making it a great asset for all your recreational needs. Whether you're looking to restore the existing structure or build a brand-new retreat, this property promises a tranquil escape with endless potential. Seize this opportunity to own a slice of paradise on Sparrow Lake and craft the cottage of your dreams.

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Key Features

Bedrooms
3
Bathrooms
1
0
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 1, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
CountySimcoe
Annual Tax$2,731.7
Legal DescriptionPT LT 21 CON 13 NORTH ORILLIA AS IN RO166797; T/W RO786231; S/T EXECUTION 92-01798, IF ENFORCEABLE; S/T EXECUTION 92-02899, IF ENFORCEABLE, SEVERN

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceOther
Heat TypeOther
Cooling["None"]

Features

Property Features

Community Features

Location

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1431 Walters Lane, Severn, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Severn, Severn.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,011,146

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1431 Walters Lane, Severn, ON P0E 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$228
Utilities & Maint.$350
Total Monthly Cost$2,897

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Severn.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.