This property was sold on November 26, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Multi-Level detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,800,000 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.
Welcome to Sparrow Lake, part of the Trent-Severn Waterway, offering endless boating opportunities. This property spans just over 2 acres, surrounded by mature trees that provide the privacy you desire at the cottage. Located on a municipally maintained road, it ensures seamless year-round access. The house is fully winterized, making it perfect for enjoying all four seasons the north has to offer. In recent years, this property has been both a cherished family retreat and a successful rental investment. The structure, built entirely above grade, features two separate entrances, each leading to distinct living spaces with their own kitchens, living areas, bedrooms, and bathrooms. This design offers maximum privacy for renters, guests, or even a large multigenerational family. The custom steel-pile dock is virtually maintenance free and offers a boat slip and large gazebo to relax in. Numerous important and thoughtful updates and renovations have been made to the house and property, including a septic system, retaining wall, steel siding and roof, two gas fireplaces, updated kitchens, a Generac generator, water filtration system,decks and dock, two new A/C mini-split units with a new compressor, some windows and doors, and a primary bedroom with stunning views of Sparrow Lake and abundant natural light. Book a viewing today and experience this incredible property and stunning sunrises for yourself.
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This detached home located at 1059 TORPITT Road, Severn is currently for sale and has been available on SousaSells for 676 days. This property is listed at $1,800,000 with an estimated mortgage of $5,992* per month. It has 6 beds, 4 bathrooms, and is 3500-5000 square feet. 1059 TORPITT Road, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Propane Tank, Water Treatment, None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1059 TORPITT Road, Severn, ON P0E 1N0
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 $1,800,000 in Severn, the legal minimum down payment is $360,000 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 $32,475 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 $32,475.
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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.