1947 Woods Bay Road, Severn, ON
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 $649,000 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 0 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 49.98 x 188.07 ft lot
- 6.0 total parking spaces available
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient other heating via other
Description
A rare opportunity on beautiful Lake Couchiching - 50 feet of clean, direct waterfront with private docking, year-round municipal road access, and the Trent-Severn Waterway at your doorstep. Set on an approximately 50 x 188 ft lot, this property offers incredible potential for buyers looking to renovate, rebuild, or create the waterfront retreat they have always wanted. The existing 3-bedroom cottage provides a starting point for renovation, while the real value is in the land, shoreline, location, and development upside. With development fees already paid, an approved septic permit in hand, natural gas available at the road, and direct lake views, much of the groundwork has already been done. Whether your vision is a modern year-round home, a weekend cottage escape, or a long-term investment on one of the area's most desirable waterways, this property checks the boxes. Enjoy southeast-facing shoreline, a private dock, clean waterfront, lake-sourced water, parking for up to six vehicles, and quick access to Orillia amenities just minutes away. A true blank canvas on Lake Couchiching - bring your plans, your builder, and your imagination.
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Pricing & Value Insights
Data-driven valuation for 1947 Woods Bay Road, Severn, ON L3V 6H3
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About Purchasing a Home in Severn, ON
For a property listed at $649,000 in Severn, the legal minimum down payment is $39,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,455 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,455.
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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.