2562 NORTON Road, Severn, ON

$759,000
MLS#:S12966230
3 beds
3 baths
1100-1500 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $759,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 150 x 150 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient baseboard heating via electric

Description

Experience the ultimate Trent-Severn lifestyle. 1. Prime Waterfront Lifestyle: Capture the essence of the Trent-Severn Waterway. This property backs onto protected Parks Canada land, offering captivating views of Lock 42 and passing boats. For a nominal annual fee ($53.50), enjoy a water intake pipe for property irrigation and a private dock at the shoreline. All this within walking distance to local Lock 42 restaurant and minutes from the charming village of Washago. 2. Iconic Viceroy Design: Experience the bright, airy elegance of a Viceroy bungalow. The open-concept main floor features dramatic pine cathedral ceiling, oak hardwood flooring, and a cozy wood-burning fireplace. A seamless transition leads to an expansive wrap-around deck with glass railings-perfect for blending indoor and outdoor entertaining. 3. Versatile Living Space: This smart 1+2 bedroom layout includes three full bathrooms and a main-floor laundry for ultimate convenience. The fully finished walk-out basement doubles your living space, offering two additional bedrooms, a beautifully renovated bathroom, and a spacious rec room anchored by a second wood fireplace. 4. Incredible Storage & Privacy: The backyard is a landscaped oasis, accessible by vehicle via a private lane. Hobbyists will love the massive 36' x 20' detached garage/shop (16' ceilings), plus a secondary 12' x 20' lower-level garage. Thoughtful additions include a 4-year-old 10'x20' chicken coop, a 9'x10' storage shed, a secure outdoor dog pen, and a relaxing hot tub. 5. Extensive Modern Updates: Move in with peace of mind thanks to significant investments: an 80ft drilled well, updated septic, 12 yr old roof, and R20 insulation/venting. Additional upgrades include electrical, drainage, two renovated bathrooms, and select energy-efficient windows and patio doors.

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Key Features

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

Additional Details

StatusSold
Sold DateMay 29, 2026
Sold price information is available to members only
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionShingle , Wood
BasementFinished with Walk-Out
Lot Size150 × 150 Feet
CountySimcoe
Annual Tax$3,365
Legal DescriptionPT BLK B PL 1447 NORTH ORILLIA AS IN RO653955 SEVERN TP

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

River/Stream, School Bus Route, Waterfront, Lake Access

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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2562 NORTON Road, Severn, ON
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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 2562 NORTON Road, Severn, ON L0K 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$50,900 (6.7%)
* Minimum Canadian down payment required for this price is $50,900.
Amortization Period25 Years
Estimated Monthly Payment$4,220Based on a loan of $708,100 over 25 years.
Purchase Price$759,000
Loan Amount$708,100
Provincial Land Transfer Tax:$11,655
Total Estimated Closing Taxes:$11,655

About Purchasing a Home in Severn, ON

For a property listed at $759,000 in Severn, the legal minimum down payment is $50,900 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 $11,655 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 $11,655.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,126,771

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.