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 $189,900 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.
Build your dream home on this picturesque 1.462-acre treed lot at 3040 Grass Lake Line in desirable Severn Township. Zoned RR/EP, this deep 375-foot property offers privacy and natural beauty, with excellent access to major routes, direct access to southbound Highway 11 and just minutes from northbound Highway 11 and the city of Orillia. Enjoy the best of rural living with urban convenience nearby. This is an ideal opportunity for those seeking space and quick connectivity. HST is included in the purchase price. Buyer is responsible for all development charges, MTO and building permits, culvert fees, and any applicable municipal fees. Don't miss your chance to secure a prime building lot in a sought-after location. Being sold "as is" as it is an Estate sale.
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This vacant land located at 3040 Grass Lake Line, Severn is currently for sale and has been available on SousaSells for 334 days. This property is listed at $189,900 with an estimated mortgage of $632* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 3040 Grass Lake Line, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3040 Grass Lake Line, Severn, ON L0K 2B0
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 $189,900 in Severn, the legal minimum down payment is $9,495 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 $1,624 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 $1,624.
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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.