This property was sold on April 2, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,000 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.
Attention first-time buyers, investors, and renovators! This large estate lot is a rare find, offering privacy and beautiful scenery - a peaceful retreat just 4 minutes from Orillia Square Mall, Canadian Tire, NoFrills, and other essential amenities. Surrounded by mature trees and a scenic creek with a seating area, you'll wake up to the sound of birds and can even cast a line just steps from your back door. This property provides a tranquil and private setting, making it feel like a getaway while still being close to town. This 2,020 sq. ft. bungalow offers 4 bedrooms, 2 bathrooms, and a separate side entrance to the finished basement - perfect for customization, rental income, or multi-generational living. The spacious living room features a large bay window, filling the space with natural light, while the flexible floor plan allows the potential to reconfigure the layout to suit your needs. The main floor features spacious bedrooms, hardwood floors, and a cozy wood stove that adds warmth and character. The basement, with its separate entrance, wood fireplace, and large living area with an ensuite, provides potential for a secondary living space, a generously sized primary bedroom, or a recreational area. Large lots with this level of seclusion are becoming increasingly rare near Orillia, making this an excellent opportunity for buyers seeking both space and convenience. A unique opportunity to build equity, renovate to add value, or create a dream home in a prime location. Book a showing today!
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This detached home located at 1010 Division Road, Severn is currently for sale and has been available on SousaSells for 491 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 1010 Division Road, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Hospital, School Bus Route
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Data-driven valuation for 1010 Division Road W, Severn, ON L3V 6H4
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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 $399,000 in Severn, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.