1662 Penley Road, Severn, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $798,818 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 spacious lot (Feet)
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient other heating via gas
Description
What an amazing Location! This property boasts a Fantastic 10.5 acres at the corner of Highway 11 and Penley Road in Orillia. Also a second entrance that backs on to Division Road. Detached House, 3 Beds, 1 Bath. Brand new roof(Dec.2025). New Water Filtration System(April 2026), Septic Tank recently cleaned(March 2026). Perfect for Live in or rent out. Currently Tenanted(month to month), willing to stay or you can have vacant possession). Excellent trails, snowmobiles, ATV etc. Plenty room to play and enjoy. Build/Development potential. Close to all amenities.
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Property Summary
This detached home located at 1662 Penley Road, Severn is currently for sale and has been available on SousaSells for 92 days. This property is listed at $798,818 with an estimated mortgage of $2,659* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 1662 Penley Road, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1662 Penley Road, Severn, ON L3V 6H3
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 $798,818 in Severn, the legal minimum down payment is $54,882 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 $12,451 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 $12,451.
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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.