23 River Street, Severn, ON

$624,900
MLS#:S12042223
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on April 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Coldwater. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $624,900 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 55.08 x 213 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into history with this beautifully preserved century home, built in 1904, nestled in the heart of Coldwater. Full of character and warmth, this 3-bedroom home with a loft that is perfect for storage offers the perfect blend of historic charm and modern convenience. Located right across from the Coldwater River, you'll love relaxing on the second-floor balcony, taking in the peaceful views. Inside, this home features spacious principal rooms, original details, and a cozy family room at the back, perfect for unwinding. The massive yard provides endless possibilities gardens, play areas, or hosting summer gatherings. With shops, restaurants, and easy highway access just minutes away, this home offers both tranquility and convenience. Don't miss this rare opportunity to own a piece of Coldwaters history!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 23 River Street, Severn is currently for sale and has been available on SousaSells for 477 days. This property is listed at $624,900 with an estimated mortgage of $2,080* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 23 River Street, Severn is in the Coldwater neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementUnfinished
Lot Size55.08 × 213 Feet
CountySimcoe
Annual Tax$2,256.22
Legal DescriptionPT BLK A PL 307 MEDONTE PT 2, 3 & 4, 51R10607; SEVERN

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

Initializing map...
23 River Street, Severn, ON
Loading local market trends...

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 23 River Street, Severn, ON L0K 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.

Configure Loan Settings

Interest Rate4.00%
Down Payment$187,470 (30.0%)
* Minimum Canadian down payment required for this price is $37,490.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,430 over 30 years.
Purchase Price$624,900
Loan Amount$437,430
Provincial Land Transfer Tax:$8,973
Total Estimated Closing Taxes:$8,973

About Purchasing a Home in Severn, ON

For a property listed at $624,900 in Severn, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Coldwater, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$797,469

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.