
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Severn. Offering a sublime balance of structural integrity and modern aesthetic appeal, 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.
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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This vacant land 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 unknown 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.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 2450 AMIGO Drive, Severn, ON in Rural Severn, Severn is $225,000.
This property features 2 bedrooms and 1 bathroom.
2450 AMIGO Drive, Severn, ON is a Vacant Land () featuring a basement.
Heating is provided via standard central heat and cooling via .
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2450 AMIGO Drive, Severn, ON L3V 6H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
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.