2502 Channel Point Lane, 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Property no longer active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 Bungalow detached located in the coveted neighborhood of Washago. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $149,900 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 208 x 100 ft lot
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- Efficient other heating via wood
Description
Welcome to your Affordable slice of lakeside paradise! This cozy land-leased cottage offers over 200 ft of waterfront, perfect for fishing, swimming, paddling, or simply soaking in the views. Enjoy unforgettable west-facing sunsets. This amazing peninsula lot provides you with a 3 bedroom & 1 bath seasonal cottage. Easy access to Lock 42 provides you with great boating options throughout the Trent-Severn Waterway. Start creating your memories today! Annual Land Lease is $11,756.
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Property Summary
This detached home located at 2502 Channel Point Lane, Severn is currently for sale and has been available on SousaSells for 421 days. This property is listed at $149,900 with an estimated mortgage of $499* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 2502 Channel Point Lane, Severn is in the Washago neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Lake Access, Waterfront, Wooded/Treed
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
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Location
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 2502 Channel Point Lane, Severn, ON L0K 2B0
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 $149,900 in Severn, the legal minimum down payment is $7,495 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 $1,224 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 $1,224.
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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.