1894 Big Chief Road, Severn, ON
Property Highlights
Welcome to this remarkable farm 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 $1,900,000 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
- Spacious lot size measured in Feet
Description
Rare opportunity to own nearly 40 acres of prime land in a highly desirable location. Offering endless potential for a private estate, hobby farm, recreational property, or future development opportunity (buyer to conduct their own due diligence). Ideally situated directly across from Lake Couchiching, the property provides beautiful surroundings and the tranquility of country living while remaining just minutes from the amenities of Orillia, including shopping, dining, and services. Convenient access to Highway 11 makes commuting easy while still enjoying privacy and open space. A rare offering in a sought-after area with incredible potential and limitless possibilities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1894 Big Chief Road, Severn, ON L3V 6H3
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About Purchasing a Home in Severn, ON
For a property listed at $1,900,000 in Severn, the legal minimum down payment is $380,000 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 $34,475 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 $34,475.
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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.