1813 Island Road, Severn, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Coldwater. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $450,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 1165.35 x 1643.25 ft lot size
Description
Top 5 Reasons You Will Love This Property: 1) Explore over 23 acres of pristine wooded land with direct access to Otter Lake and seamless boating connections to McLean Lake, Gloucester Pool, and the iconic waters of Georgian Bay 2) Enjoy breathtaking, unobstructed lake views that provide a spectacular backdrop for your future home, cottage, or private getaway in every season 3) Rural zoning offers outstanding flexibility to create the lifestyle you envision, whether it's a custom-built residence, recreational retreat, or peaceful escape immersed in nature 4) Surrounded by mature trees, abundant wildlife, and tranquil natural beauty, this exceptional property delivers the privacy and serenity you've been searching for 5) Seller willing to consider a Vendor Take Back Mortgage for a qualifying buyer.
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Property Features
Lake Access, Lake/Pond, Wooded/Treed
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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 1813 Island Road, Severn, ON L0K 1E0
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 $450,000 in Severn, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.