4654 Iron Bridge Lane, Severn, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Washago. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $719,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 49.34 x 134 ft lot
- Features a finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Propane Tank, Water Treatment
- Efficient forced air heating via propane
Description
Top 5 Reasons You Will Love This Home: 1) Own a cottage that helps pay for itself with the rare opportunity to enjoy the best of both worlds, featuring a documented nine year history averaging approximately $40,000 in annual Airbnb rental income, allowing you to enjoy the cottage whenever you choose while generating meaningful income when you're away, with financial records available to qualified buyers 2) Exceptional Severn River waterfront awaits with breathtaking river views from your private dock and charming waterfront gazebo, beautifully landscaped grounds, mature perennial gardens, and expansive outdoor living spaces that create the perfect backdrop for entertaining, relaxing, and making unforgettable memories with family and friends 3) Beautifully updated four-season cottage welcomes you inside with a warm and inviting interior showcasing an updated kitchen, a cozy dining room with a fireplace, and a spectacular great room featuring soaring cathedral ceilings and walls of windows that perfectly frame the stunning waterfront views while filling the home with natural light 4) Outdoor living at its best invites you to embrace the waterfront lifestyle with boating, swimming, fishing, and endless days on the water, while multiple outdoor seating areas, a spacious deck, and the waterfront gazebo create seamless spaces for morning coffees, afternoon gatherings, and spectacular sunset evenings 5) Perfect lifestyle and investment combining the charm of a year-round family retreat with the flexibility of a weekend getaway and the proven earning potential of a successful income-producing property, offering an exceptional opportunity to enjoy cottage living while helping offset ownership costs through established rental income. 1,397 above grade sq.ft. plus a finished lower level.
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Property Summary
This detached home located at 4654 Iron Bridge Lane, Severn is currently for sale and has been available on SousaSells for 3 days. This property is listed at $719,000 with an estimated mortgage of $2,393* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 4654 Iron Bridge Lane, Severn is in the Washago neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
River/Stream, Waterfront
Interior Features
On Demand Water Heater, Propane Tank, Water Treatment
Security Features
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4654 Iron Bridge Lane, Severn, ON P0E 1N0
Based on 0 recent similar sales in the pocket.
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 $719,000 in Severn, the legal minimum down payment is $46,900 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 $10,855 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 $10,855.
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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.