
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 $189,000 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 1197 Upper Big Chute Road in Severn Township - Lot 5 (please refer to realtor remarks for more clarification), where the perfect opportunity awaits to build your dream home. This exceptional 1-acre building lot is ideally located just one minute from the charming village of Coldwater, offering the perfect balance of peaceful country living and convenient access to everyday amenities. Hydro is available on Upper Big Chute Road, making it even easier to begin planning your custom build. Enjoy being just minutes from shopping, schools, restaurants, and all the conveniences of downtown Coldwater, while also benefiting from quick access to both Highway 11 and Highway 400 for an easy commute. Centrally located, the property is approximately 20 minutes to Orillia, 20 minutes to Midland, and only 30 minutes to Barrie. Whether you're looking to build your forever home or invest in a prime piece of land in a growing area, this fantastic property offers endless possibilities. Exact taxes have not yet been assessed and lot lines are approximate.
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This vacant land located at 1197 Upper Big Chute Road, Severn is currently for sale and has been available on SousaSells for 1 day. This property is listed at $189,000 with an estimated mortgage of $629* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1197 Upper Big Chute Road, Severn is in the Rural Severn neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Severn, Severn.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 1197 Upper Big Chute Road, Severn, ON in Rural Severn, Severn is $189,000.
This property features 0 bedrooms and 0 bathrooms.
1197 Upper Big Chute Road, Severn, ON is a Vacant Land () featuring a basement.
Heating is provided via standard central heat and cooling via .
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1197 Upper Big Chute Road, Severn, ON L0K 1E0
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 $189,000 in Severn, the legal minimum down payment is $9,450 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 $1,615 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 $1,615.
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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.