Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium vinyl siding and brick veneer construction, this residence presents an exceptional opportunity offered at $1,195,000 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.
143 feet of Lake Couchiching waterfront on 1.38 acres. Tucked away on a quiet private road, this year-round property features a three bedroom, two bathroom raised bungalow with three garages and ample privacy. This beautifully manicured property is framed by mature trees and surrounded by greenlands to the north and west offering an abundance of nature and wildlife. Just shy of 2,000 square feet of livable area the dining, kitchen and living room all offer panoramic views of the water with a sliding glass door walk-out from the kitchen to a lakeside deck. Approximately 500 square feet of additional space in the partially finished basement. Situated just a 10 minute drive from the city of Orillia, this location perfectly balances peaceful, rural waterfront living with quick access to shops, dining and all of the amenities Orillia has to offer. (**data sourced from GeoWarehouse).
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Golf, Waterfront, Clear View, Level
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3113 Picadilly Lane, 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 $1,195,000 in Severn, the legal minimum down payment is $239,000 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 $20,375 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 $20,375.
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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.