2450 AMIGO Drive, Severn, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $225,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 90.4 x 161.5 ft lot
- 4.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via oil
Description
Exceptional opportunity to build your dream home in a desirable lakeside setting! This generous lot (0.41 Acres) offers approximately 90 ft of frontage and is ideally situated on a quiet street directly across from beautiful Lake Couchiching. Measuring approximately 90.4 x 161.5 x 90.0 x 187.6 ft, the property provides ample space for redevelopment. Buyers may benefit from potential development charge savings by demolishing the existing home and rebuilding (buyer to verify with the applicable municipality). The existing 2-bedroom, 1-bath bungalow is serviced by a well and septic system and is being offered for land value only. The home requires significant repairs and is being sold as is, where is, with no representations or warranties of any kind. Survey available.
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Property Summary
This detached home located at 2450 AMIGO Drive, Severn is currently for sale and has been available on SousaSells for 7 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 2450 AMIGO Drive, Severn is in the Rural Severn neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Severn, Severn.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •< 700 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 2450 AMIGO Drive, Severn, ON
Q.What is the asking price for 2450 AMIGO Drive, Severn, ON ?
The current listing price for 2450 AMIGO Drive, Severn, ON in Rural Severn, Severn is $225,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.
Q.What property type and architectural style is 2450 AMIGO Drive, Severn, ON ?
2450 AMIGO Drive, Severn, ON is a Detached (Bungalow) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Oil and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 2450 AMIGO Drive, Severn, ON L3V 6H3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Severn, ON
For a property listed at $225,000 in Severn, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.
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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.