1987 MARCHMONT Road, Severn, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
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 $349,000 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
- Generous living space spanning < 700 sqft on a premium 120 x 179.2 ft lot
- Notable attributes: None
Description
HERE IS THE OPPORTUNITY YOU'VE BEEN WAITING FOR! THIS PRIME CORNER BUILDING LOT IN THE SOUGHT AFTER HAMLET OF MARCHMONT IS ONE OF THE FEW REMAINING LOTS TO BUILD YOUR DREAM HOME ON - THIS LEVEL SITE HAS 120' OF FRONTAGE ON MARCHMONT ROAD AS WELL AS 180' FRONTAGE ON HALE STREET AND IS JUST SHY OF 1/2 ACRE - EMBRACE THE LIFESTYLE OF THIS FAMILY FRIENDLY COMMUNITY WITH IT'S COMMUNITY PARK AND PLAYGROUND JUST AROUND THE CORNER - LOCATED JUST MINUTES WEST OF ORILLIA WITH BIG BOX SHOPPING, OPP HEADQUARTERS, THE NEW HYDRO FACILITIES, ROTARY PLACE REC CENTRE, LAKEHEAD UNIVERSITY AND MANY MORE AMENITIES - ALL DEVELOPMENT CHARGES, PERMIT FEES, SERVICING AND RELATED COSTS ARE AT THE EXPENSE OF THE BUYER.
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Property Summary
This vacant land located at 1987 MARCHMONT Road, Severn is currently for sale and has been available on SousaSells for 387 days. This property is listed at $349,000 with an estimated mortgage of $1,162* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 1987 MARCHMONT 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
Additional Details
Property Details
Heating & Cooling
Features
Property Features
Golf, Park, Level, School Bus Route, Skiing
Interior Features
None
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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 1987 MARCHMONT Road, Severn, ON L3V 0V6
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 $349,000 in Severn, the legal minimum down payment is $17,450 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 $3,710 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 $3,710.
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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.